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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.
@MiningBookGuy@90bigpicture - wasn't my point...just a few quotes of interest from the article. but thanks for your own point on #zinc in #Iran. will be very interesting to see what modern geological work + new foreign capital can discover/develop there in the coming years.
BS#Iran: the country needs the investment (after suffering big time from sanctions), so open for business (if up to them). Also probably the most civilized country in the Middle East. Sure they've had a few bad leaders, but which country hasn't. US sanctions are still not lifted.
BS#Iran, Sounds similar to what they are doing in oil and gas. They have a few exploration blocks on offer, but the bulk of the current projects that they have available are known oil/gas fields. Some need upgrading, some need to developed altogether. The Iranians don't currently have the money to do all this, but the major O&G companies do (certainly EU/Russian/Chinese companies, US companies still have to wait for sanctions to lift).
@MiningBookGuy@WorldofMining - I posted some stuff recently on #Myanmar (alternatively Burma) in that room. Dave at #Piercepoints seems to be at the forefront of resource developments there (mining & oil/gas). I am sure private explorers have already been moving in, and would be neat if there were some listed juniors in the next few years. Personally, I'm most interested in #Myanmar and #Iran out of anywhere in the world, as "new" frontiers for mining that don't already have listed juniors
@MiningBookGuy@Brendan - completely agree on #CentralAsia! i just started the #TethyanBelt (or just #Tethyan?) room(s) today...covers many countries, most not explored for exactly the reasons we're describing. One that I (and others) have mentioned here a few times is #Iran ...would be quite awesome if the positive momentum start accelerating there! (there are already signals that it's at least gone from negative to positive)
@nlepanThe world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products. It highlights the speed of the oil industry recovery in Iran just a year after lifting of sanctions, which is allowing Tehran to claw back oil market share from arch-rival Saudi Arabia. http://www.reuters.com/article/us-iran-vitol-oil-idUSKBN14O0HR#energy#oil#Iran