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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.
@Excelsior$SAND$SSL Sandstorm Acquires 22 #Royalties In First Quarter
Friday March 24, 2017 - #Gold#Silver#Copper#Diamonds#Streaming and #royalty company Sandstorm Gold Ltd. says it acquired 22 net-smelter-return royalties during the first quarter for $1.9 million. The assets include royalties on development-stage, advanced exploration-stage and exploration-stage projects located in Canada, Mexico and Peru. "The collection of royalties that we have acquired so far in 2017 have added exploration potential in stable jurisdictions, increasing the optionality in our portfolio, which is now up to 155 streams and royalties," said Nolan Watson, president and chief executive officer. “We have over $30 million in cash and $110 million available on our revolving line of credit, and we are working diligently to continue deploying our capital into accretive acquisitions that will add value to shareholders."
@EpsteinResearch@awgiddens, $NIM#copper#gold#silver if you put emphasis on the CEO acquiring shares in the open market, you should disclose the price paid. He paid 24c. What % of the CEOs at the hundreds of juniors mentioned herein day in and day out have bought ANY shares at all in open market lately? 5%? 10%?
@Excelsior#Silver Miners’ Q4’16 Fundamentals
Adam Hamilton – Mar 24, 2017
“The silver miners’ stocks have had a roller-coaster ride of a year so far. They surged, plunged, and then started surging again last week on a less-hawkish-than-expected Fed. Such big #volatility has spawned similar outsized swings in sentiment, distorting investors’ perceptions of major #silver#miners. But their recently-reported fourth-quarter operating and financial results reveal the true underlying fundamental realities.”
"As scarce as silver-heavy deposits supporting primary silver mines are, primary silver minersare even rarer. Since silver is so much less valuable than gold, most silver miners need multiple mines in order to generate sufficient cash flows. These often include non-primary-silver ones, usually gold. More and more traditional elite silver miners are aggressively bolstering their gold production, often at silver’s expense.”
“So the universe of majorsilver miners is pretty small, and their purity is shrinking. The definitive list of these companies to analyze comes from the most-popular silver-stock investment vehicle, the #SILGlobalXSilverMinersETF. This week its net assets are running 5.4x greater than its next-largest competitor’s, so SIL really dominates this space. With ETF investing now the norm, SIL is a boon for its component miners…”
@GoldfingerMarket thought process: $Trump isn't as powerful as we thought, he's going to be bogged down in D.C. swamp and pro-growth legislation won't get passed, growth less than thought back in December, real yields lower and thus US dollar weaker.
I was never an advocate of Trump growth trade and predicted it would unwind by March as the honeymoon ended. Well guess what, honeymoon is over and approval rating is 35% and falling. Welcome to Washington Mr. Trump.... Bullish $gold$silver
@GoldfingerThe level of ignorance displayed by a large contingent of the precious metals community regarding futures settlements and options expiration etc. is truly breathtaking. A great example of allowing ones cognitive biases to get in the way of actual knowledge and understanding. I'm fairly busy next couple of days but I promise a post on this by Friday. $gold$silver
@dirkdiggleroptions expiry is complicated - one needs to compare / correlate OI in both the contract and derivative months; sometimes over multiple months in order to determine whether there's a hedge, or an outright speculation. There may be no apparent correlation, even though one may exist i.e. Producer hedging real physical with Calls and or Puts. $gold$silver
@Goldfinger@Highheat Treasury auction nearly meaningless for PMs IMO. Opex could actually add a bullish element in terms of a short squeeze (short call options). We will see. Not too enthused by action in the miners today but we are in a shifting market environment so it's important to simply let price dictate and not get too caught up in correlations, or lack of correlations. $Silver closed at highest level in a month.
@GoldfingerCME $silver futures open interest jumps to 201,829 contracts. That's over one billion ounces or ~$18.5 billion at current silver prices. Something going on here with $silver, maybe that squeeze that the conspiracy guys have been calling for...
@chatyak"In a Mar. 20 news release, Southern Silver announced that drilling at the Blind Shoulder Zone had the following results:
a 7.3m down hole interval averaging 737g/t Ag, 8.6% Pb and 21.8% Zn from 17CLM-095, including a higher grade 3.4m interval averaging 981g/t Ag, 11.7% Pb and 26.4% Zn
a 14.1m down hole interval averaging 48.6g/t Ag, 0.3% Pb and 3.6% Zn from 17CLM-094
The company stated that with "approximately 4,280 metres now completed of the planned 10,000 metre, US$2 million exploration program, further drilling with two core rigs will focus on continuing the systematic expansion of the Blind Shoulder mineralized zone."
In the Mar. 8 edition of the Gold Investment Letter, Eric Muschinski reported that the National Inflation Association (NIA) was initiating coverage on Southern Silver. According to Muschinski, NIA's Mexican $silver stock recommendations over the years have an almost "500% average return on 5 companies all within 18 months of initiating buy recommendations."
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@bluegold@Goldfinger wrote ; " I was bullish on $gold at $300/oz!! But I'm still not rich"...well, i was bullish $silver at $4/oz and it ran to $48/oz... i was better off then... than i am now... :)
@Excelsior$AXR$AXU Alexco's President and Chief Executive Officer Clynt Nauman said,
"A lot was accomplished by Alexco in 2016, nothing more important than our #exploration success at Bermingham along with raising additional capital, establishing the #portal for our Flame & Moth underground access and commencing an updated Keno Hill #PreliminaryEconomicAssessment subsequently completed in March 2017.
"With the March 29, 2017 announcement of a $SLW Silver Wheaton amended #silver purchase agreement, Alexco launches into 2017 squarely focused on moving forward with additional surface exploration, underground exploration and development, mill upgrades, and preparation of a prefeasibility level study, all necessary steps on the way to a final #production decision."
"We have long felt that Keno Hill is one of the most prospective silver districts in the world, and the success Alexco has had with Flame & Moth and, more recently, Bermingham confirms our view," said Randy Smallwood, President and Chief Executive Officer of $SLW Silver Wheaton. "We believe that the $amendments we have made today will be mutually beneficial to both Silver Wheaton and our partner Alexco and will result in #silver once again being mined from Keno Hill."