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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.
@Leon.. and the #EU has to stay silent, otherwise Sultan Erdogan will open the gates, flooding the countries with migrants ... Europe is sitting on a powder keg (the #Brexit voters are waiting for the Supreme Court decision, the Italian referendum on Dec 4th as well as the presidency in Austria, state elections in the Netherlands in January 2017 all influenced by strong right-wing movements ..) #gold#chaos
@PamplonaTrader@BDMinefinder there will be a few of those stories for NexGen as well. Like Sheldon Inwentash of Pinetree who sold his shares to Warren Irwin at Rosseau Asset Mgmt; or Mike Lederhouse, one of the Radio optioners, who sold a chunk of shares early in the $0.40-$0.60 range; or Bill Sheriff's Tigris Uranium (now enCore Energy $EU) which was one of the seed investors in NexGen also selling their shares in the $0.40-$0.60 range. #oops
@iceman@PamplonaTrader I am also interested to hear your reasons as it looks for me very interesting, especially with all the people who are involved! Power One, Bill Sheriff, Energy Fuels ... $EU#uranium
@LeonNo absolutely no offense. My intention is always to learn from different views and look beyond my own horizon. Everyone deserves better but times have changed so fast over the last couple of years and becoming more complex by the day .. Europe experiences an epochal change right now and who would have ever imagined that countries like Italy are close to bankruptcy and civil unrest .. with the #EU collapsing in front of our eyes .. and people sense such radical shifts and are desperately willing to believe what politicians are telling them > #Trump bringing back jobs in creating a tradewar with China and Europe's automobile industry. He has obviously not thought about the suppliers of GM and how expensive U.S. products will become for Americans if the German industry adds his 35% trade-tarif on their products as well.
@LeonIt's amateur hour in Washington :-) A trade deficit isn't the result of unfair foreign competition but the result of monetary expansion, of $$$ printing, of QE's, of Petro Dollars! Such unsound money has created a demand for imported goods the US was not able to produce. It's the cheat factor of #fiat currencies that's responsible for trade imbalances, not unfair competition from China, Germany, Japan or #Mexico. With #Trump's border taxes America is triggering a rerun of the 1930s depression. "The greatest threat to world trade comes not from the break-up of the #EU, nor from #China. It appears to be Trump's lack of understanding of why trade imbalances exist, and his wrongheaded policy of American #protectionism." ~ Alasdair Macleod #gold#commodities#tradeWar#currencyWarhttps://mises.org/blog/what-trump-means-brexit-china-and-eu
@Leon@ylr - Yes, #Trump is very smart. He is more of a genius like George W Bush. In attacking the #EU via a currency war he risks a collapse of the whole system, so please tell me what happens to the Dollar if the Euro comes under pressure? #gold#silver
@Excelsior@SFtrader - I'm not too familiar with $EU and just had someone PM in the last 2 weeks about them, but all I remember is that they have some JVs with $UUUU and may be getting into production mix. It reminds me to bring up $WUC as well due to George Glassier's old connections with Energy Fuels, and they are also near term producers.
It's about to get interesting in the US with all these smaller insitu miners. I wonder if they'll get consolidated into the Cameco's & Energy Fuels of the world, or if 2-3 will join together into a larger operation?
@SFtrader@Excelsior- Yes, given their size, I can see the potential for some major consolidation going on. I recently heard about $EU from looking into one of the investment letter writers. I believe they have a 30Mlb Insitu project and that Energy Fuels $UUUU is a major shareholder and under$10M market cap. I own a decent position in $WUC, as I really like what George Glassier is doing with the company, acquiring assets and sitting tight until the prices are economical for production.