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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.
@joegreatwhitenorthYep, intraday breakout. See if it holds on the close. Bullish set up for next week if it does.
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@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 $AU We talk gold, silver, nickel, zinc, lead, copper, oil, nat gas and uranium.
@marketwiredWesdome Announces Fourth Quarter and Full Year 2016 Financial Results and Reserve and Resource Update @marketwired/wesdome-announces-fourth-quarter-and-full-year-2016$WDO Net income of $7.8 million (2015: loss of $(4.7) million), or $0.06 per share (2015: $(0.04)). The 2015 year includes $5.2 million Kiena Complex decommissioning costs which were recorded directly on the income statement
@GoldfingerMid-tier $gold producer Wesdome Gold Mines $WDO surges ~15% in final 20 minutes of trading on ~3.5 million shares volume: http://cdn.ceo.ca/1ccogpr-WDO.TO.png+ Mid-tier producers are thought to be takeover prey during the next M&A cycle in the gold sector, we will have to see if $WDO is a takeout target or if the rally was based on rumor mill getting out of hand on a St. Patrick's Day Friday afternoon...
@joegreatwhitenorthFor whatever reason $WDO has not gotten a lot of attention despite some impressive drill results on two separate projects. Be interesting what was up today, some whacky ETF rebalancing, TO rumours or some Aurelian-type drill results. I have been long for some time and it is my largest holding barely eclipsing $NXE.
@Andrew$WDO Earlier reported All-in sustaining costs per ounce ("AISC") on a production basis of $1,707 or US$1,289 (2015: $1,542 or US$1,206), an increase of 11% over 2015 due to necessary expenditures on underground drilling, development, and equipment.
The AISC seems quite high to me but at least they have some revenue. I do not own it.
@joegreatwhitenorth@cole119 I bought shares immediately after the August 24 (last year) drill results at their Kiena Mine. Kiena was a fully operational mine until 2013 and then shut down and put on care and maintenance. It is permitted with milling and mine infrastructure. The drill result from last August were spectacular. Nothing has matched since but there's been continuation and more excellent drill results. $WDO
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@joegreatwhitenorthThey also announced further good drill results at their Eagle River mine on January 26 of this year. So, now there is news coming from two fronts. Things changed for the company after they got rid of the old management team and brought in Duncan Middlemass as CEO. You can see what John Embry. Eric Sprott and some other influential investors saw in the company. The 2001-20011 cycle was wasted due to incompetent management, this is an excellent turnaround story. $WDO
SEDI_botWesdome Gold Mines Ltd. $WDO just filed 5 reports. View full report: SEDI:WDO
@FanagaloThere's been a lot of talk, and I might be wrong here but I wonder if people realize the magnitude of this. The GDXJ mess is setting up some great buying opportunities. Just take $TGZ as a case in point (I bought a good chunk yesterday - but I'm most certainly way, way too early). If $TGZ will make up 0.33% of GDXJ instead of 0.96%, and with Van Ecks holding before all of this at 71 million shares, that kinda implies that they have what, about 43 million shares for sale. There's no way that that selling is done, and I fear it's the same in many, many more names like $CNL, $SMF, $WDO, $EDV etc. When all is said and done, perhaps the mid-caps that has endured this selling might be set up for equally explosive runs as the smaller, hot explorers (but with significantly less risk)? Any more thoughts on this tiring subject?