The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. Nothing contained on the Website shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
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
@MiningBookGuy@FundamentalAnalysis - i hope frontier markets will continue to be interesting! i am concerned the world will get at least partially 'closed off', similar to how it was pre-1990s. I was optimistic #Iran not too long ago, and getting very bearish now (at least for anyone US-related like me!).
After reading some #geopolitics books recently, I am generally more bearish #Asia / #Eurasia / #MiddleEast, and more bullish #NorthAmerica / #LatinAmerica / #Africa, and not sure what to make of #Europe. But it all comes down to specific countries. And importantly, sometimes a country can have tons of 'negative' news in the media, but still be great for #mining! That's a useful consideration right now. #mbgtrends
@MiningBookGuy@FundamentalAnalysis - lol! oh on Iran, I'm semi-shocked The Donald is so friendly with the Saudis ...right now, there seems to be a strong Saudi/Israel alliance. Maybe I should have seen this, but I didn't expect it. Iran is likely the near-term loser in all this, at least in support from the US (this was NOT as clear under Obama).
I don't take my perception too seriously...but it makes me far less interested in #Iran overall, even though it's one of the most prospective places in the world for mining right now. but that's true of #Afghanistan as well...at some point, #geopolitics forces have to outweigh prospectivity! #mbgtrends
@JamesKwantesRe #NorthKorea -- sadly it rings true, @MiningBookGuy. I'm sure Trump would like to go to war against #Iran but they're too strong (too much of a match). Reminds me of the run-up to the second Iraq war -- replace "WMD" with "nuclear weapons" and it's the same playbook #geopolitics