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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.
@NewtonNice little convo with @cjstrading regarding #gas here. That volume in 2017 and 2018 winter maturities is a #bigdeal. But apparently there is a low amount of open interest on short side in futures across the curve, which makes me concerned about potential for big downside here in short term. If I was one of the big boy with all that risk out there in long-term contracts then I would love to put some shorts in shorter term...
@Newton#haywood out with report on Gold Road Resources on #asx#australie exchange. New feasibility study out, targeting 270k Oz production per year for 13 years. Large 3m Oz reserve, another 3m as resource. Capex of 500M, with additional expense for power plant and #gas pipleine to be built by a utility company. Crazy statistic from project: "gold endowment of 9,260 ounces per vertical metre to the base of the reserve pit (380 m)." big project, will be #bigdeal if they secure funding and get it into production!
@Newton#RohinDhar commenting now on data. Value of unique data that you may have in your business, and how to use that in your marketing... What is interesting data that is a byproduct of your business? Shout out to @Tommy on that one. #bigdeal for ceo.ca imo.
@Newton"The warrant from Pleninian is associated with DMS and rehabilitating the shaft quickly -- phase III of the expansion plan." wow! Sounds like that private equity group has some sophisticated investors and mine engineer-types. Apparently that warrant (200,000 shares?) is meant to provide a source of financing for the phase 3 expansion, which is all about optimization. That's a #bigdeal. Could $rab be funded through phase 2 and 3 expansion?
@NewtonMy sense is that the $rab mine has potential to generate large amounts of cash in (near) future. Fairly long mine life off of current understanding of deposits helped get sophisticated investor to step up and under-write making that a reality. Plan for optimization off tail end of funding with warrants is example of great deal-making. Plan for exploration funded by current operations is smart. When they say #fullyfunded" they really mean it. This company may be facing #exponentialgrowth without additional capital. That's a #bigdeal. Plus it's #undervalued relative to peer group. Plus it's a #copper#producer. So... many... good... things... big shout out to long-term shareholders who have stayed with the company for decade and swallowed bitter medicine of dilution from recent private equity investors. Tough. To do, but I think company is better for it.
@NewtonRatio of gold mine values to gold price. Great chart showing how exaggerated equities are in comparison to past cycles. That whole gold equities at same place where they were 15 years ago... speaks to potential multiple expansion, too. #bigdeal.
@NewtonGood question @Aaronhttps://ceo.ca/@aaron?7ebb9447c201$cxo and $nrn. Maybe someone in #drillplays can help you dig in deeper. They have good list of companies with drilling results this season. Think that is @highheat behind that but don't recall. Haven't seen anyone cross reference drilling results and price performance though -- that's a #bigdeal. Good question to ask! I haven't even seen brokers with good analysis of that relationship. May be hard to pinpoint expectations around drill programs.