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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.
@NewtonAllow me to point out that this is the first time I have ever seen so much coverage of an #event on ceo.ca. The #livechat of #mif from @Manolo and @Cgm is unprecedented imo. I think it was valuable to the site, the conference organizers, and the companies who sponsored. Great opportunity for our community to show leadership with transparency and outreach through #newmedia. Regardless, it was my pleasure to be involved with conference this weekend. Thanks to organizers and congrats on successful event!
@90bigpicturethe rotation out of gold into industrial metals indicates an increased belief an undivided US federal gov't (same party both chambers + WH) will use fiscal stimulus over monetary policy if necessary to promote growth
@90bigpictureand remember historically, the new party in power are prolifigate spenders when in power. Their last VP once famously said "deficits don't matter". They only preach fiscal discpline from the opposition benches
@90bigpicturelook, regardless of your politics...for the first time in 6 years we have an undivided gov't. That means, regardless of how divided the country has become, legislation can actually happen. Whether it is good or bad policy in the long run is a separate conversation, but I'm not going to complain about a tax cut for me and my ilk
@newstrackerHey Guys, I thought I would formally introduce myself as I will be working with @Tommy full time in the future. My name is Nicholas LePan and I have been working with Stockwatch for the past 8 years as the sales/marketing guy, and sometimes news release editor. I have known Tommy for years now and am looking forward to delivering the significant news on business and the venture each day. If there are any ideas or topics you would like to me to share, feel free to ask me. Currently, I am in Colombia for the Gold Symposium and will be visiting Cordoba's $CDB San Matias project and hopefully (working on the details) to visit Red Eagles's $R San Ramon Gold Project. So keep an eye out for the updates during the week. All the best. Nick #ColombiaGold2016
@rackerDundee’s Dan Pearlstein now estimates the legal weed market in Canada will be worth $6 billion in 2021 (from $3.6 billion) on faster than expected market expansion. As a result, Dundee has raised price targets on the following pot stocks:
Aphria Inc $APH to $6 from $4.
Canopy Growth $CGC $12 from $4.75
Metro Health $MT $6.25 from $3.75
Organigram Holdings $OGI $4 from $2
Supreme Pharmaceuticals $CL $1.6 from $1
Also in #marijuana: Canopy Growth Corporation [~$1.2B Market Cap] Reports Second Quarter Fiscal 2017 Financial Results @newswire/canopy-growth-corporation-reports-second-quarter-fiscal$CGC Q2 revenue was $8.5 million. G&A expenses were $4.0 million, or 47% of revenue. $45.4 million in cash and cash equivalents at quarter end.
@DJS@Jayfire I think what's happening right now is a "gold bulls' tax loss season" for those who are bullish and want to be in names like $GQC but bought at higher prices mid-year. They are betting that they'll be able to buy back in mid to late December (after sitting out for the required 30 days) at similar prices, since tax loss selling is open until just before or after Christmas. So any gold stock, good or bad, with a stock chart that looks like $GQC's, is a candidate for this type of selling that doesn't make a lot of sense otherwise. Just my two cents.
@JamesKwantesHad the pleasure on the weekend of meeting Adrian du Plessis at an Allison Crowe concert. Some of the older fellas will remember du Plessis -- he was a VSE trader turned stock analyst and #HoweStreet whistleblower during a time of scams aplenty. Probably his biggest triumph was exposing YBM Magnex, a Canadian-listed magnet maker and stock favourite backed by a notorious Russian mobster that went from pennies to $$ and back in the late 1990s (Ex-Ontario premier David Peterson was on the YBM Magnex board). Du Plessis is now the manager/stagehand/promoter for Allison Crowe; she's a Nanaimo/Newfoundland songstress with a great groove and powerful set of pipes. Music is du Plessis's first love and he seemed happy
@ayeyou@Allan You always believe people should do there homework and yet you the CEO of $ION could only be bothered to read "some" of that paper from Dano while you post away on CEO ?? Talk about half baked. How can you as new CEO of a lithium company with no prior knowledge of lithium not take the time to read and reread that report ? Someone is dropping the ball here and it is not DanO.
@stateside$IDM now at $.135. All of the resource plays that the institutions and hedge funds plowed into March-July are now in full panic liquidation mode. The "safe" havens are those jr's primarily made up of retail guys. But those liquidation plays will bounce back hard once everyone is done plowing back into general equities.
@stateside$PSE just brought in a respected chairman last month and just issued 2 year options at a price 50 percent higher than the current price. By all means avoid the stock as I'm still in accumulation mode. Run the numbers on a doubling of production then another doubling with a selling price of $700/ton with costs at $150/ton and get back to me. New zinc sulphide discovery with grades in the 40 percent range over 30 meters. Turkey partner at 50 percent of JV handles all permit and local issues. But stay away.....not for anyone here.
@MartinTurennestock trading last week and today showing just how gold-obsessed CDN mining investors are. base metals on a historic tear and no one cares. i'm not whining about it, just pointing it out. must gold run first before investors starting piling back in to the sector? seems definitely yes.
@DanO@Rick. I didn't ask to work for Alset. I wanted to be nice after writing that dd. Just that you know I am not bashing. I look for flaws same as other analysts. It is just that I provide technical or scientific arguments backed by my experience (while other analysts/newsletter writers talk about the fact that they know the management then plaster a few images, maps, cross sections copied from the co's website plus some text (same c & p) plus give you the dollar does this and the gold does the other one). In our case the CEO asked "I was curious if you could give us the argument of how they could be a success" and this is when I said that people should understand to not ask that other work for them for free. There are limits to freebies. My rate starts at $500 but it goes higher. I got messages last night that I work too cheap :) And yeah I know a thing or two that could help but no Rick I am not changing my opinion and I stand by everything that I have said. Maybe I would make a small correction but that won't change the outcome. $ion
@rockmanMy intuition tells me that the most stressed out investors in the jr mining space these days are likely "millennials" who get on board for potential "eye-popping" returns, but have not experienced, and cannot withstand the "gut-wrenching" pullbacks you can experience in a bull market. They tend to panic when someone says a key technical level is breached. For anyone around in the 1970's bull market, this type of volatile action is to be expected, and is just another day at the office.
@MartinTurenne"So is the LME market tighter than you think? We believe so .. a market participant is also saying that hidden Zinc stocks have declined this year significantly “for example, imports of zinc metal into China were up ~150kt in the first 7 months of the year, and LME didn’t move much so this must have come from unreported stocks effectively, as the market was in deficit…” They estimate unreported stocks are under 200kt”. This is rather low – if you add 200kt to our 777kt estimate for Total Global Stocks (this includes bonded warehouse stocks) then total zinc stocks (hidden and visible) is under 1Mt or less than 25 days of consumption." 2/2
@MartinTurenneGood info today from Scotia on zinc inventories: "Guess What Got Cancelled Last Night? 11,550 tonnes of Zinc!! … All of which is in New Orleans which is home to 392,750 tonnes of the 446,650 tonnes of Zinc in Global Warehouses (or 88%). Industry participants saying that most of the Zinc in New Orleans is “Crappy Zinc / Off-spec Zinc” .. because it was sitting there when New Orleans was flooded 10 years+ ago. It is so old and the surface is partially oxidized and dirty that galvanizers would only turn to it if they were in a supply jam. The problem is that it would create a lot of waste (dross) in the galvanizing process and there is a cost to this." 1/2
@JamesKwantesValue in $IDM at these levels. Gold down 9% in past few months, IDM is down about 31%. Assays from Lost Valley to come yet, as well as catalysts next year including FS projected for first quarter 2017
@dirkdiggler@bullionaire. Many of us are here looking for the next monster. Even the serial bashers here are looking for clues that might lead to the next FDN, or VB (see $NRN), or Eskay Cr (see the plethora of jr's poking holes in the Gldn Tri), etc, etc. Some of us will go down (hard) in our search for this anomaly of geology. And here my momma never thought she raised such a foolish child.
@AllanThe company went through the process of trying to hire up, way in advance of when certain people are needed. When companies do that, they tend to spend way too much money and blow up the share structure. First things first, exploration to assess what the numbers look like on the projects. When the timing is right we will add people, but not a year or two ahead of needing them. If you guys think I don't have tons of exploration experience, you are completely wrong.