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.
@NewtonAlso an interesting comment about how the majors have cleaned up their balance sheets, so the projects that remain have fairly high (estimated) rate of return. It will be more difficult for juniors to convince majors to buy assets going forward... interesting comment from #JoeMazumdar there. Pretty sure has much more to say on the topic, but very good hook to the idea there!
@NewtonGreat examples of problems where mineralization did not prove as continuous/contiguous as we're expected... in high-grade vein deposit and in lower-grade open pit deposit. #JoeMazumdar#PreciousMetalsSummit.
@NewtonWow! Great comment in questions about "does the major include acquisition costs in IRR calculation? We didn't and that's what caused a company full of 15%+ IRR projects to give a 5% IRR itself. Interesting comment that I had not heard before! H/t #joemazumdar
@NewtonGood to see discount to peers here http://cdn.ceo.ca/1c1nhfh-IMG_20161103_161852.png+ I wonder if $rab is a bit unloved or under-appreciated? It's first time I have ever heard of it #pmsummit but like what I hear so far! Could it be in that yawn-spot between small exploration plays and large producers? Something that I posted about yesterday in relation to comments by #JoeMazumdar at the conference, ties into Lassonde's "lifecycle of mining company" diagram.
@Newton#JoeMazumdar here with a different talk from #pmsummit at #mif. Starting with reflections on his career and comparing company's goals. Costs and safety, versus production guidance. Subtle stuff that affects how the company behaves in the markets!
@Newton"Basically $g said they cut their greenfield" wow! #mif. But Joe would argue that only way to find genuine new ounces (not marginal reserves re-added because of gold price increases) is greenfield. There is something important happening beneath the surface here with global gold industry's reserve base... Story becoming more involved with #JoeMazumdar at #ExplorationInsights. More than just "producers running out..." great insight at #mif!
@MiningBookGuy@leafs RE: https://ceo.ca/mbgtrends?f9884700e112 - good post by you! People often dance around the topic of #newsletters in this industry. I agree that for many people they seem to be the "only source of 'indepth' look at the company". On your follow-up comments, I will immediately add that newsletter writers have a wide-range of how they get paid, and it's VERY hard to figure out the differences at first.
Without picking on anyone, I will say that I personally 100% trust @Brent_Cook & #JoeMazumdar@JoeMazumdar for their unbiased views of companies with #ExplorationInsights. This does NOT mean they are always right. But they got paid a pretty penny by subscribers, and they consistently say they will never take money/shares/whatever from companies. There are a few other newsletters that are similar. But many aren't, and you just have to figure some of this stuff out through experience. On that note, I have a couple other things to share: