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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.
@statesideStateside Report Podcast - February 10, 2017: http://www.comanusrising.com In this episode of the Stateside Report Podcast we introduce our new sponsor again Genesis Metals $GIS talk about the CEO.CA app and the developments this week, we talk about the week in gold and gold stocks and the base metals, we introduce a new feature on volume and percentage gain leaders from the Friday trading and wrap up with news from the Canadian junior exploration stocks including: Colorado Resources $CXO TriMetals Mining $TMI NuLegacy Gold $NUG Metals Creek Resources $MEK Nikos Exploration $NIK Bonterra Resources $BTR Beaufield Resources $BFD Wesdome Gold Mines $WDO and Aurion Resources $AU We talk gold, silver, nickel, zinc, lead, copper, oil, nat gas and uranium.
@dirkdiggler$SEK - still on the sidelines looking for an entry. Sure would like to see a nickle and a half again. I've had a position in $BTR since last summer. $BFD too.....not to shabby. Hat tip to @ayeyou
@ExcelsiorMany #ProspectGenerators water down the value with too many projects or too many equity stakes in smaller explorers that just don't have the funds to properly explore the properties out on option. However, I wouldn't say the prospect generator model is "dead". It is a different approach where there is strength in diversification over 1 big project = less risky.
A well run prospect generator, farms out their projects to solid companies that can execute on their projects, and they start collecting Net Smelter Royalties on these projects. When those actually develop into mines, then they don't need the small capital raises for G&A, as their revenues then come from the royalty payments. Look at $ALS Altius or $EMX Eurasian minerals as 2 successful prospect generators that now have paying royalty streams. The combined $AMI and $KSK has good royalty exposure as well, but they've been bogged down exactly because they've been spending all their revenues trying to develop Kemess, instead of growing a larger portfolio of Royalties. They can also sell projects for cash, like $EMX did last year.
The equity stake model in other companies can get a bit nebulous but $SMD Strategic Metals has stake in a number of key exploration companies making real progress, and those shares can always be sold for a profit. It's the same with $GMX Globex & $MRO Millrock. $GZZ Golden Valley Mines spun out their royalty to $RZZ Abitibi Royalties, and retains half of that company, but has an equity stake in Sirios, Uranium Valley mines, Nunavut Nickel, and an interesting JV with $BTR Bonterra for a NSR and earn in agreement.
* Here is a 1 year Bar Chart showing how the ~prospectgenerator model has netted 60%-300% stable returns since this time last year.
@statesideStateside Report Podcast - February 18, 2017 - http://www.comanusrising.com In this weeks February 18, 2017 Stateside Report Podcast we talk about the week in gold and gold stocks, talk about the upcoming resource shows in Toronto, discuss the volume and gainer leaders for resource stocks on the Canadian exchanges and then finally wrap up with the press releases from the past week issued by the Canadian junior explorers including: Genesis Metals $GIS Lexam VG Gold $LEX Marathon Gold $MOZ Bonterra Resources $BTR UEX Corp $UEX Cornerstone Capital $CGP Doubleview Capital $DBV Deep-South Resources $DSM Opawica Exploration $OPW Pasinex Resources $PSE eCobalt Solution $ECS West African Resources $WAF Golden Predator Mining $GPY and McLaren Resources $MCL We talk gold, silver, copper, lead, zinc, uranium, nickel, cobalt, oil and natural gas.
@ayeyou I would sure like to hear that $SEK has put some boots on the ground at their new Windfall Lake property. I was talking to someone at SEK last week it was due to the expansive understanding SEK management has of the Windfall Lake area garnered when they discovered what is now the $OSK Windfall Lake gold deposit prior to selling to Oban, that they acquired that ground. They believe the strike of the gold belt there runs from OSK down through $BFD and $BTR property and onto where they got their new ground. They are quite excited about the ground but say they are committed to drill Duvay first. Sure sounded like they will get people in their this summer and get some geophysics done and then make a plan from there. I am quite high on Windfall Lake and have investments in both $OSK and $BFD as well as a good size chunk of $SEK.
@ayeyouDouble great news from $SEK this morning. $500K financing extended to $2.5 mil and they closed it already and on top of that they have expanded their land position at Windfall Lake. After drilling Duvay they will be getting to work at Windfall where they adjoin $BTR Gladiator deposit. Good work @Kingsley you were just the addition SEK needed to get up and rolling.
@dirkdigglerThat is why, imvho @racker, co's holding majority interests in high grade Au deposits should not be traded, but held long term. End-Game type rationale. $CNL, $BTR, $OSK, $MARL (not a majority int), etc
@statesideThe headline for the $BTR hole yesterday was 6 meters of 41 g/t gold which was impressive enough but that was just one section of the hole. There were two other sections of 5 meters of 24 g/t gold and 1 meter of 37 g/t gold all within 150 meters of surface in addition to the 6 meters of 41 g/t gold. No one cared yesterday.
@dirkdiggler$BTR - fairly consistent (and steady stream) of results lately. Still has a reasonable cap-structure too. Curious to see how these recent high grade hits tie together, and what impact they'll have on their currently modest high grade resource at Gladiator.
MuttWoke up to some Great news out of $SEK this morning. The acquisition has increased the Eagle River Project by approximately 370% from its original size. WOW! Seems to me management believes the trend follows from Windfall ($OSK), through the $BTR property (identified resource there) and down onto the now expanded $SEK property. I figure the team at $SEK, that originally discovered the Windfall Lake deposit, should know best!
@statesideInteresting to see how $BTR sold off yeasterday on the $K Kinross news. I added on the pullback. I'm guessing Osisko $OSK dumped the rest of their shares on that news and didn't care what price they got as they knew $K was the new sugar daddy. Bid now at $.37 after the dumping to $.32 yesterday.
anonymous@stateside I was gung-ho on $BTR, until they issued ~ 65M shares in the last month. It should take their mkt cap up to 55M if I've counted them properly. It's excessive. They should have told $K to go buy shares in the open market. My feeling is the upside is now limited and that they'll likely sell at least one of their properties, probably to $K.
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anonymousIs no one worried that Dale Ginnwas appointed a director of this company? Former Ceo of San Gold who got out just before the tragedy struck, but not before selling all his shares and screwing other shareholders. Fast forward to his latest endeavour, $sxr, which was delisted last year due to mgmt incompetence. Just google the name, the picture is not flattering.