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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.
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@kjmInvesting.com – In a knee-jerk reaction, West Texas Intermediate oil pared gains in North American trade on Thursday, after data showed that oil supplies in the U.S. registered an unexpected inventory build.
@RonVachiyer@kjm - assuming they actually have a prototype or working device, then yes, its earth shattering. the problem with security and random number generation is that most generators are not really all that random. "true" random generation is what they are about, and if its really as small as they claim (I read 20 microns, or 0.02mm) , its miniscule enough to fit inside a smartwatch, for instance
@kjmThis from Bill, answering a stockhouse poster ...We are continuing to drill along the 20 km stretch for the remaining 17 targets that have never been drilled as we generated them in this recent work. Discovery from the 3rd target out of 20 is a great start, but only the start! We have the funds to do this.
The terrain is very steep, and we are carrying the rig, in pieces, with a team of locals, so we are continuing with the program. However, once we have done the “first pass” along the belt we will immediately return to Cachimbo, as we prioritize the follow up program. Clearly Cachimbo is a fantastic grade, and enigmatic as to having so much gold and zinc together (I’m not complaining!) but, if we continue to be successful, and find more Cachimbo’s then we will drill them all – this type of VMS deposits come like a string of pearls alone the plate boundaries, exactly as we have.
I expect to get back to Cachimbo in a couple of months and we will find out how big it is. All we know now is that the mineralizing fluids are very rich, and the conditions of mineralization allows for the metals to be deposited economically, and that the zinc part of a VMS ore body often is at the periphery"
@kjmSometime we should have a contest of only resource stocks. Some of these penny techs hit it lucky and just blow % gains out of all normality. Doesn't really matter who wins, but personally I'd like to see a comparison of just mining company gains. #stockpickingcontest
@DJSThanks @kjm. Very insightful. I don't have the time (or inclination) to wade through SH much anymore, so appreciate those who do and who find gem posts like that one from Bill bringing them across to CEO.ca.
@dirkdigglerI think we had this conversation before @kjm ..... on another forum. Both $MTO and $QMX (previously AMC) had the same business model: produce - use profits to fund exploration and development - negate shareholder dilution. When you hear a company talk this same crap.....be very afraid!