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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.
@lukejacksonInteresting to me that much of these miner short reports rely on the due dillegence of others. I haven't seen this one but I'm offering a guess that muddy waters doesn't have an in house geo, engineer and hasn't been to site. One report gets written by a qualified individual like JM and up springs 2 short reports. These just seem like easy targets because it's a) Canadian capital supporting them for the most part ; and b) difficult to prove to large capital that questions of resource calculations are INCORRECT. $AKG$NDM
@AllanIf $AKG is another Katusa pick that will be the second company in the past few months that have been raided by the well organized shorters. Usually the shorters go after easy game, maybe they think Katusa's picks are easy game but he does fight back which makes it a little more challenging, the shorts can still make really good money like they have with $NDM but they aren't going to be able to ride them to zero. This Muddy Waters one seems to be backfiring for the shorters. Also interesting they are focusing on Katusa's picks, maybe they think he is easy money for shorts.
@BobbyNAKselrodDon't worry, I fully intend to post my gains in the coming weeks.
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@BobbyNAKselrod@Allan I am pretty sure Sahm has beef with Marin. Kerrisdale shorted NDM and put out their hit article on SA not long after Katusa announced he was bullish. I would put money on a feud between them.
@teevee@BobbyNAKselrod, Pebble is deep and no high grade core to rapidly pay back capital. More importantly, much of the gold is tied up with pyrite (ends up in tailings), not the chalcopyrite (copper concentrate lower in gold). I dont see Pebble going forward any time soon. $NDM$NAK
@BobbyNAKselrodThank you for the bearish insight but I will continue to average down as I see fit. We will see who wins in the end.
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@BobbyNAKselrod$NAK$NDM new hitpiece on Seeking Alpha contains zero facts. Shorts are getting bolder as they continue to be allowed to put out false information and defame companies publicly simply by stating "it's just my opinion". Look for retribution in the form of a partnership; to counter the article directly, NDM management has delivered on *every* promise thus far up to and including veto lift. How this so-called hedge fund can suddenly declare the opposite breaks my brain to think about.
BTW Ron Thiessen said "by Q3" which could indicate as early as July or as late as September. Stay tuned to find out.