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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.
@poolman@internalaudit - Ok lets clear this up, the 12-56 is the identifier (name) of the single hole they just got partially drilled and results from in the south Awailca zone. From the SA article they had planned on drilling from 10,000 to 15,000 meters of drill holes. If each hole is 600 meters deep then they would possibly drill from 16 to 25 holes. I'm not a geologist but can spell it..... :-)
@internalauditTo be honest, I find there is a lot more "pumping" going on outside the commodities companies, where solid understanding and advice are shared. Looks like some bought in early in some dot.com or tech company and start doing "due diligence" to spread the gospel. I'm glad I found my way to this subforum though. Last night, I went through each and every post coming from various helpful members on $TK and $NXE from December onward.
@internalauditSounds like zinc air is being touted as the next generation battery, over lead acid. No wonder even Tesla is talking about this technology and patented a few things: https://www.researchgate.net/publication/263099254_Recent_advances_in_Zinc-air_batteries Zinc-air is a century-old battery technology but has attracted revived interest recently. With larger storage capacity at a fraction of the cost compared to lithium-ion, zinc-air batteries clearly represent one of the most viable future options to powering electric vehicles. However, some technical problems associated with them have yet to be resolved. In this review, we present the fundamentals, challenges and latest exciting advances related to zinc-air research. Detailed discussion will be organized around the individual components of the system - from zinc electrodes, electrolytes, and separators to air electrodes and oxygen electrocatalysts in sequential order for both primary and electrically/mechanically rechargeable types. The detrimental effect of CO2 on battery performance is also emphasized, and possible solutions summarized. Finally, other metal-air batteries are briefly overviewed and compared in favor of zinc-air.
@internalaudit^ I was looking for cobalt and lithium plays (considering ramp up in electric vehicle production) before finding out about ceo.ca, $TK and zinc but most relatively safe stocks had already run up. I would consider 20-25 cents as earliest entry point for retail investors and so we are just 100-120% up and there's a lot more room for this to shoot up.
@TheGalvanizer@internalaudit further to your earlier post on zinc battery tech - Aussie companies are looking at zinc-gel batteries - google will bring up a bunch of source material should you have interest
@internalauditBefore I got around to selecting $TK as my major holding, I was looking at the Popular forum and I noticed lots of encouragement to go buy MOS, IP and ITT. This is after a 5-10 x run up for many of these stocks. People kept saying so and so had done superb due diligence. For MOS, it's the partnership with Visa where it has a patent pending technology to dish out rewards. No contract length was specified. I initially asked whether it is patented and I got lambasted for asking that, when it was already in MOS' Press Release. I then asked about the contract and was told it is indefinite. I would have preferred a definite contract so MOS can get awarded damages if Visa were to terminate the arrangement before the term is over. This is a multi-billion dollar behemoth and this was a $50m market cap start up that was until this year was trading at 2-3 cents. I think I'd rather err on $TK that any of those hyped up stocks. I'm sure there is so much ulterior motive pumping those for the early entrants to cash out.
@internalaudit^ Not taking any offense at anyone (of course). It's just that the with many small cap companies, it's mostly do or die based on how management's execution is and what the tone from the top is with respect to transparency and honestly. I already got burned in LRN and management after Andrew Ryu there wasn't too forthcoming.
@internalauditHi @murat , what about tracking a member's helpfulness and rendering posts un-editable after a certain time period elapses? With helpfulness, we will run into the same issue where pumpers will be using all sorts of aliases just like they did on Stockhouse's SJL forum where the COO seem to have been caught hyping the stock but at least we track who provides the gold nuggets in terms of information and who pumps like hell. :)
@internalauditLooks like $TK ticks all four boxes: Management (hopefully, back in 2011, management had to retract a statement (http://www.marketwired.com/press-release/tinka-resources-clarifies-technical-disclosure-on-its-colquipucro-project-tsx-venture-tk-1888266.htm)
, Location, Predictability, Capital http://nevada-goldmine.com/junior-gold-mine-investing/ Last but not least, when investing in junior gold mining companies, the discerning investor needs to look at the how the firm has deployed its capital. Has most of the money gone into General and Administrative expense or into Investor Relations expense suggesting the management team is more interested in mining the firm’s stock certificates than the ore body? Or has most of the money gone into drilling, assaying and ore body evaluation and the preparation of corresponding reports? If the former, it must be a red flag to investors that management is more focused on promotion than production. If the firm has completed a CNI 43-101, or a Preliminary Economic Assessment or, even better, a Pre-Feasibility Study, that includes a definitive resource calculation and some estimates of a project’s economics, then that is an excellent sign that management has spent its capital wisely and is looking to build shareholder value through development and exploitation of the mineralized material.
The other thing an investor needs to consider when investing in junior gold mining companies is the level of the firm’s debt. Long term debt in the form of convertible debentures, can be a fast lane to bankruptcy court if the firm has no immediate cash flow. Frequently these debenture holders want to drive the share price down so they can convert into greater amounts of equity and this can send the company’s shares into what’s known as a “death spiral.” This set of circumstances is a common outcome among the juniors that are constantly strapped for cash.
@internalauditAnyone know about the progress on the Colquipucro Silver Deposits? Seems the focus is this Ayawilca and it probably makes sense because zinc is going to be more profitable with gold/silver trading sideways for the time being. I hope $TK isn't stuck with a mindset of an exploration company and plans to become a junior miner/producer some day. Isn't that what the IFC was for, for development projects?
@internalauditThanks Pete. I will do as you suggested. Better than spending time reading SJL or other companies with unethical BOD/management. Always wondered what mbg stood for, now I know it's for miningbookguy, lol.
@internalauditApplied for a HELOC and going to load up the boat with every retracement http://www.ifc.org/wps/wcm/connect/Industry_Ext_Content/ifc_external_corporate_site/OGM+Home Industries that can harness natural resources are vital for many of the world's poorest countries. They are a key source of jobs, energy, government revenues, and a wide array of other benefits for local economies. In Africa, in particular, large-scale sustainable investments in these industries can create equally large-scale gains in economic development.
IFC’s goal in oil, gas, and mining is to help developing countries realize these benefits, while helping promote sustainable energy sources. We provide financing and advice for private sector clients, and help governments adopt effective regulations and strengthen their capacity to manage these industries across the value chain. We also work with companies to ensure that local communities enjoy concrete benefits from projects, focusing on transparency, supply chains, jobs, and community engagement.
@internalauditZinc demand is going to grow when it's one of the cheapest component of batteries and has the right properties for use in super/ultracapacitors, zinc-air batteries, and other batteries stabler and safer than lithium ion. https://www.metalary.com/zinc-price/ Zinc $2,664.81 per metric ton ; lithium $9,100.00; cobalt $37,347.38
@PamplonaTrader@internalaudit I think it's pretty obvious that $TK is (by far) my favorite #zinc play. Ticks all the boxes - blue sky exploration potential, cashed up, location, etc etc. I feel $KAR is sitting on the best deposit as currently defined but they are broke and do not control Aripuana. Bongara is least advanced and in a challenging location, though $SLR / $XPL is cheap given their EV and other assets. #zinc
@internalauditI think zinc could go beyond its historical high of 4,300/MT once electric vehicles ramp up and battery technologies improve and power remote communities around the world. Surprised not a lot of people are talking about the potential here. Glencore sure knows how to play the market by closing off some of its tap to make zinc price creep up. Read copper and other base metals are not as easily controlled because the market is bigger. Why Glencore wouldn't want to make more money on zinc sure beats me when a lot of Chinese mines are tapped out. :)
@internalauditI know we are not privy to what happens behind closed doors but I doubt the IFC would have bought 14% of $TK if no development of the mines were planned. How many people are needed for drilling and in terms of prosperity, wouldn't a producing mine actually improve the local economy significantly? I don't know that the motives of the Sentient Group and JP Morgan Asset Management are but I would think they bought cheap at 10-20 cents and want more than a double or triple from this price level. As long as the stars are aligned for $TK, why be in a hurry to sell their holdings? With Sentient, the arrangement seems anti-dilutive too with them buying more shares when IFC or whoever invests in the company.
@L.A.@internalaudit Remember JP Morgan and Sentient participated in the private placement before the recent discovery. If this drill program continues to be succesful, they will be looking far more than a triple.
@MiningBookGuy@internalaudit@Ruffus23 - i've got some 'positive spin' on the breakdown of the $EDV$ACA.L deal for $SWA ...it's something I've been thinking about all week, and hopefully I'll have time to go on a rant later this weekend. I think it will be interesting to anyone following #WestAfrica gold plays, even if they don't have direct interest in $SWA (but $SWA happens to be at the center of activity).
As a teaser, I will try to justify why $SWA could actually fit better with a wider range of companies because of this event...and i'll also try to cover related companies in detail. will all be in the ~AUfrica panel, hopefully by the end of the weekend!
@internalauditAny metal with better prospects than zinc for the next 2-5 years? Also, for metal prices, is there a global regulator that can force prices or is it purely supply/demand that dictates pricing?
@internalauditHe even has a few aliases or uses anon to give his useless posts some thumbs up. :) Zinc prices are up, we only hit a 3-year high not all-time high. Progress is being made. There is no risk of bankruptcy.