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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.
@Maggee@nicholaslepan, I was just chatting with some people from Britain about their really strange election habit of having odd characters standing on stage with the serious politicians. Anyway, you can see in the pictures there will be someone dressed as a carrot or a bucket head man. Apparently it is all very normal over there. This lead me to looking at an old issue of Private Eye magazine (because it had pictures of the election when when A. Waugh representing the dog lover's party stood against Jeremy Thorpe.) I'm leading up to a point here...Private Eye had an issue once called Minehead Mania. Lo and behold, MineheadMania.com appears to be available. My suggestion for your website.
@nicholaslepanBut the big thing about currency and payments, is there is the offer and and the acceptance, comes down to psychology, what people are willing to take for payment, that is the inherent value, not the object itself, same with gold, same with wampum, same with notes of deposit. Value is in what you can exchange for what you need, we are one tech guy away from a proper barter system.
@nicholaslepanIt is the value people ascribe to a commodity, hence the rise of carbon trading, people value fresh air. Back in they day, they use to tax you for the number of windows you had in your house because they believed that you were using up all the King's fresh air. Also, in stock trading, you are only going to get what someone else is willing to pay for it.
@nicholaslepanfurther to semantics in finance, what does it mean when you read a press release and its says we have "technically de risked the mining process", is that just because they have completed their pilot circuit or plant and proven an economic rate of recovery, and then extrapolated production?
@nicholaslepan@racker nice piece on tech in Toronto, I was lucky enough to hear the president of u of t speak about all the amazing people that have come out of their computer science department, most of them run companies and other universities now, you will see a lot more too!