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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.
@trex@bernardshaw, no worries! I really appreciate your feedback (and your other posts). I like it when people can provide me with feedback, the more info the better. Yes, I used rectangular prisms instead of triangular pyramids (thanks for pointing that out). However, I used rectangular prisms for both grade shells, which helps limit the amount of error in this circumstance (in my opinion). That could be why we get somewhat similar numbers. With regards to the shells being solid, definitely a source of error. A reason to assume lower grades though. I have modeled as high as 617M lbs, but it's somewhat of a crap shoot given the limited data we have available to us. Thanks for the warnings you issued! I do agree with the A2 HG, can really make or break RE2 depending on the method they use. It's my understanding that $NXE is doing the estimation and RPA is auditing them, so hopefully that allows for a less conservative approach (I know that the grade shell from the end of 2015 is by RPA, where as the grade shell from the end of 2016 is done by NexGen). Thanks again for your feedback! I'm going to try and re-do this later today/tomorrow using triangular pyramids.
@GoldfingerLook at a chart @Highheat$gold goes up $20, $30, $40 at a time sometimes. You don't say anything during those times. Then when there is a $10 drop you point it out and it's Captain Fade or whatever. Gold is probably one of THE most difficult futures markets to trade, for anyone, even a hedge fund.
@Goldfinger@Highheat Do you see how silly your statements are? It's not that predictable, you just think it is because it's your cognitive bias. You look for evidence to confirm your bias. If it was predictable to that extent people would be minting money off it, it's not.
@AllanWell if you loved $NDM at over 4 bucks, you should really love it now on a half price sale in a few days. Man, that project makes me nervous but it is looking like time I should try to catch a falling knife for a dead cat bounce.
@Goldfinger@Highheat If Captain Fade always makes sure that rallies are sold into why don't we just short every rally in $gold and $silver and make money? Why are we being such dunces and sitting here all day complaining about it?
@zartceps@zeroboot & @JanuarysVeryOwn Can you please think about how you address each other in the channels and try to avoid name calling if possible. A lot of people are following NDM at the moment and they receive notifications when there are new messages. One of the benefits and pros with CEO.CA is that you can ask more experienced traders, speculators and investors for their opinion about something, and with a bit of luck you might receive answers that may improve your DD learning process. #newbies
@PamplonaTraderI'm also hoping for a spinco soon. $NXE is getting no value for regional targets... yet $PTU's Hook Lake being valued at ~$150m. What would a spinco holding Bow/Cannon/Harpoon be worth? I would guess at least a 30% premium.
...Where are those Harpoon assays? Discovery hole at Harpoon was material enough to halt trading...
@newswireUS Congressional Committee calls on EPA Administrator to withdraw Pebble Project veto @newswire/us-congressional-committee-calls-on-epa-administrator$NDM$NAK$NAK The US House Committee on Science, Space and Technology has called on the new Administrator of the US Environmental Protection Agency to rescind the federal agency's 2014 regulatory action under Section 404(c) of the Clean Water Act to pre-emptively veto Alaska's Pebble Project.
The House Committee on Science, Space and Technology in the 115th US Congress is majority republican and chaired by Lamar Smith of Texas who supports Keystone XL and the opening of the Artic National Wildlife Refuge for oil and gas production according to the GOP All-of-the-above Energy Plan.
@PamplonaTrader"Tesla is planning to finalize the locations for three more Gigafactories later this year, the company revealed in its shareholder letter for the fourth quarter of 2016. The company has two Gigafactories currently, the enormous one in Nevada that we visited last year, and a facility in Buffalo where Tesla and Panasonic are building solar panels.
In the letter, Tesla said that it “expects to finalize locations for Gigafactories 3, 4, and possibly 5.” Gigafactory 1 is currently focused on production of Tesla’s Powerwall and Powerpack energy storage products, and “2170” battery cells for use in those storage systems as well as the upcoming Model 3."
@Fischlaender@Allan, your private investment strategies aside, if you really put money into a gamble like $NDM and publicly announce it here while you were only willing to buy I think 6k CAD of stock in the company that you manage I really wonder where your priorities are...
@bslusarchukalso - as an aside, thank you @90bigpicture for getting Index discussion focused on something productive. Looking fwd to seeing what the pricing sentiment is here on the commodities that are the foundation for so much of what we are all doing in terms of equity markets
@Excelsior@A. Paul Gill - Good article about the make up of the batteries with #Nickel & #Graphite & only a little #Lithium.
Personally, I've been trading lithium stocks since 2012, when #Talison was the big deal, and when $GXY.AX$GALXF Galaxy was just building their world class Jiangsu battery plant (way before investors were drooling over Tesla's gigafactory). What Tesla has done is brought some awareness (and a frothy frenzy to the space), and maybe some of that hot air needs to come out of the bubble.
However, there are number of different types of batteries that utilize #Lithium and many go into electric cars, or electric buses,and different ones go into electronic bikes.
One of the largest growth areas are the ones that are used for #Backup#Batteries for #Solar & #Wind base load #EnergyStorage. This will be one of the key growth areas beyond the #EVs.
Further, some Lithium batteries are used in power tools, RC cars, drones, airplanes, mining equipment, laptops, cellphones etc.... until there are better batteries developed, the world will still have a growing LI demand. (just not enough for 80 more companies :-)
Lithium use is still growing in glass, ceramics, grease & lubricants as the emerging world develops and wants more stuff.
Investors that are obsessed only with what Elon Musk does and #Tesla, don't understand the complexities of the Lithium market demand story and likely are just trend jumpers. Just my 2 cents. #Index
@NewtonMy two big takeways for $ALS are here: https://ceo.ca/als?0101106250a6 and here: https://ceo.ca/als?6cd6dd985efd Both have value for community here. First one (about patience on big projects) is helpful reminder to think long-term. Second one (about rich set of exploration projects they are ready to offer to others) is super interesting for providing an #exploration "overlay" to the #royalty business that $ALS does so well. Seriously. You're looking for solid cash flow going forward? You're looking for exploration upside? You want exposure to a bunch of different commodities? Well... $ALS. Obviously I was impressed. Big company, but sounds like they may be able to provide big ROIC going forward. DYODD. #loadUp. And actually #drillPlays -- not yet, but $ALS will be party to some exciting drilling action in future.
@TedIn the long run NRN will do just fine but the company needs to get its act together on the press release format recently demonstrated as its nothing short of a concerning example of playing the investors as naive.....