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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@HRA-CoffinMike Williams gave good presentation for $VTT. Hopefully that takes some of the sting away @TheGalvanizer. I thought Mark Kolebaba from $ADZ did a good job too. That one is finally coming together I think.
@HRA-CoffinYou certainly did @TheGalvanizer Really nice get together at Mike's place. Had good talk with the guys from $VTTs biggest shareholder who are clearly very bullish on the company. Hadn't seen Russ for ages. Really good talk with Peter Volgaris on his plans for the next phase of work too. Gave me some more perspective on the copper discovery.
@HRA-CoffinI agree that things have taken longer than I hoped they would with $ADZ though the ground work they have been doing was necessary. They spent months mapping areas that were not well mapped before and flew the first airborne geophysics in the area - still can't believe none of the majors did that before. Pulling all that together has taken time but it looks like Mark will have a large target set. They are still staking too thanks to the airborne.
@HRA-CoffinPretty Quickly I think @Andrew. Emma got a note from Kitco yesterday saying the newsletter editor presentations are done. There is one extra step with the company presentations - approval by the company itself before they are made public but I sounds like everything will be up in a few days. #MIF
@HRA-Coffin$CNX also gave a good presentation at #MIF. No one loved the last drill results but they did a good job of explaining why they would rather elephant hunt than do tiny step outs just to generate high grade hits that don't actually mean much. And having $10 million to play with gave everyone some comfort.
@Highheat@HRA-Coffin The "market" doesn't want change man. Why would they when they have had risk free bond speculation for 8 years. That's the whole point on Trump and why money velocity has been collapsing The Fed Doesn't Want A Strong Economy Period. Trump cutting Regs by 75% is scary to the rigged, fiat, banking world of Deep Capture.
@HRA-CoffinLooks like $GQC is getting good #MIF vibes too. That was some pretty impressive drill core Bill Fisher and Jeremy Neimi brought along with them and the 3D Romero model was cool. They will have the full discovery intercept core at the core shack at #Roundup.
@HRA-CoffinI think $CEM is viable at it's current size and grade but I also agree that the last two drill seasons weren't overwhelming. I've got to talk to them myself to get timing for permitting and driving an adit. That would make upgrading the resource and probably upsizing it a lot easier and cheaper, and lengthen the drill season substantially as a bonus. I want to see them test some of the outlying stuff more as well. Some of that isn't too far away as the crow flies and could even be brought into a mining plan at some point. I imagine there are discussions right now about which way the partners go. All that said, $CEM SHOULD to well in a zinc bull and don't forget that the largest shareholder has been known to re-price stocks himself if he feels their time has come. I wouldn't put it past Tognetti to just take out the offer side. I've seen him do it before.
@HRA-CoffinI think the back and forth is good and, when it's two guys with facts and grammar to back up their arguments like @MiningBookGuy and @PamplonaTrader it SHOULD be on the index sometimes. This is where most people go. New users may never see it on a sub-channel. There is a big difference between the disagreement between you two and the "Oh yeah? Well YOU suck!" version you see on lesser sites.
@Andrew@HRA-Coffin Did Cooper Quinn give any indication at the $GN presentation at the #MIF as to when the PP may close? Will he be following Jeff W. way of closing the first tranche in approx. 8 days?
@VaughanI dont think @miningBookGuy is minimizing your DD process @PamplonaTrader which i think most will agree certainly has merit based on your wins. But most newbies do just buy because you, or @HRA-Coffin, @Teevee, @tommy etc etc says to buy, and THAT is not DD. Dont get me wrong, its not your problem the sheep wish to be lead, but ceo.ca can turn sheep into wolves if they let it.....
@HRA-CoffinI'm not sure on $GN@Andrew. I'll check with him. I think his biggest problem is going to be deciding who to piss off. I know of at least 2-3 people who approached him for far larger amounts of it than they are going to get. Cooper is limited a bit by the RTO regulations - he can only add so much to the float without getting off side with the Exchange and I know that, on paper, he's way oversubscribed already. I think GN's lawyer is going to talk to the Exchange to see if there is any wiggle room to increase the placement. I believe about half is being done through a couple of well known brokers who move at their own pace. I HOPE its done that fast but who knows.
@MiningBookGuy@HRA-Coffin - i'm up for hugs! :)
@PamplonaTrader - thank you, and if it means anything, this was the most enjoyable ~90 minutes or so i've had on the #index in a while! big respect for your valuable commentary at CEO.CA.
and if there's any question: i'm here to make money, and i hope we all make A LOT of money this cycle! if this was a zero-sum game, i'd probably be a little meaner :P
@HRA-CoffinI think a number of the larger shareholders would agree with you on that @Andrew and I don't think the Exchange will give Cooper too much wiggle room anyway. If the placement plus the stock issued for the acquisition total too much it could make the exchange deem it an RTO which would be a giant pain and a big delay so there is no way Cooper will risk that. Will just try to get some guys in for a later round once they have the resource updated and these old drill holes sampled. $GN
@DanielLoved the discussion @PamplonaTrader and @MiningBookGuy and agree with @HRA-Coffin ; finally some value added to the index! Can I smell the bullmarket sentiment again?!
On the $CEM topic: Aside from the obious discussed points on proper DD, I have to agree with @MiningBookGuy that their IR has not been too reliable over the past two years.
BUT; My bet is that is the main reason for why it is still as cheap as it is. The sale of one of their Gold properties prevented serious dilutiuon for shareholders
@DanielFurthermore Dowa really stays committed to the project and as @HRA-Coffin said, John Tognetti is another serious financier on their side.
But aside from all that, I really think they will increase their tonnage and might even find further surprises on their property.
So my humble reading between the lines tells me there will be quite some newsflow coming in the next year.
In my view we are all speculators here and thus anticipating moves early is our bread and butter. $CEM could be such a candidate, as are a lot of others.
As always do your own DD and do yourself a favour and look at their maps!