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.
@DJSThey're better than the last couple of sets of results but IMO not worthy of moving it much above its current $22M market cap. But if you believe they're a harbinger of things to come, then definitely... $CXO
@Newton: ) Cheers @RD85. I recall hearing about it from some die-hard fans at Sprott Symposium in 2016. Comparing it and $SKE and $CXO, mainly. I don't know $AOT but their (good) reputation precedes them.
@lukejacksonLatest opinion polls have BC NDP up 44-34 in seats. It's been a long time since our juniors have experienced NDP leadership. Not bullish for golden triangle plays, IMO. A reason I'm on the sidelines there. $CXO$GTT
@AllanI think I will watch too. I'm starting to keep an eye on $CXO. Warming up to it since I spoke with them at PDAC. Getting close to drilling. I'm even looking at nobs pick $TUO, I know I know, but sometimes the project and the shares out makes something I can't ignore.
@LeniThe ebb and flow of the gold price can make you wonder where we're headed; up, in the next leg of the bull market, or down, with a further correction. I tend to think we're headed toward the next leg up, and believe discovery is going to set this next leg of the bull market on fire. Fresh off a Liberal win in the BC Provincial election, speculators can breathe a sigh of relief as the political climate should remain the status quo - full steam ahead with exploration and mining! Which leads me to the company I have for you today, Colorado Resources. This company is set to explore their highly prospective KSP property in the heart of the Golden Triangle, this summer. Check out my analysis of Colorado Resources to discover the reasons why I am a shareholder. http://www.juniorstockreview.com/2017/05/19/colorado-resources/#CXO#index#newbies#gold
@rackerColorado Resources: Positioning Yourself For Success In This New Gold Bull Market www.juniorstockreview.com/2017/05/19/colorado-resources/$CXO "Fresh off a Liberal win in the BC Provincial election, speculators can breathe a sigh of relief as the political climate should remain the status quo - full steam ahead with exploration and mining!"
@teevee@Highball, $CXO I expect a sell off in most, if not all BC based projects. There is now a minority gov't in BC. Demographics and under 40 voter intent indicates the next election will bring in a majority ND gov't. The next election is already rumoured to be as early as this fall. I doubt shareholders want exposure to political risk attached to ND and Green gov't. I know I couldn't sleep at night owning shares with that kind of exposure.
@Highball$cxo July can't come fast enough, they should of had the drill turning at the new property at northrok. They knew enough as to where to start drilling, while the ground team could of stayed ahead of the drill. They have a hot trend there. Adam said they knew it extended well into the new property that they didn't own at the time, that's why they stopped drilling....and now they own it!
@Highball@RocketRed sounds like your as frustrated with $cxo as I am, it seems like they are tippy toeing around when they should be going hard right now
click to invite
anonymousLast year, with the gold bull $cxo was so over sold on the anticipation that had built up for the Inel results. Then when they finally came out (stock around 50c) and weren't up to the hype built up by previous NR. I think we all know what happened in September when the stock fell from 38c to 20c in about two days. Left a foul taste in a lot of peoples mouth. They are playing this thing closer to the chest this year.
click to invite
anonymousI still think its a buy under 30c but people need their confidence restored through some good intercepts. Junior stock review did a good synopsis on why this company has value. Their properties have a ton of untested targets, and new ground that has been recently acquired. They are well financed, and positioned right next to several major Golden Triangle players. Gonna take my chances and play this one long.
click to invite
@NewtonI also visited $CXO booth at #IMW17. Good chat with Adam Travis. Boy, do they have a drill plan for KSP this summer. Most developed description of mineralized target that I have ever heard of there. Past drilling focused on one area where mineralization outcrops on mountainside (glaciation, iirc) and now geophysics shows extension from there towards valley. Fairly flat geophysical anomaly, planning to test with holes up to 300M that penetrate into middle of anomaly. Geophysics was IP, which picked up pyrite. The pyrite was seen in prior drilling where anomaly daylights. I'm not a geologist, but I can understand excitement there. Drilling in July, I believe.