I'm the person who has been advocating for Impact, Fireweed Zinc, and Bayhorse since they hit lows several weeks ago (about 30% lower than they are now). To answer this question, a number of people on ceo.ca may be displeased because, like a number of people in the CCW chat-room, they are ancient bagholders, and want an announcement of full-scale production as soon as possible, to make the stock move quickly; this is short-sighted. In fact, the whining there may even be pressing the share price down. The new acquisition makes Bayhorse an even more ultra-risk, ultra-reward stock to invest in. With a long-term view in mind, the CEO is acquiring another asset before he gets priced out when gold goes to 3000 soon. He is also reserving his silver for higher prices, like Keith Neumeyer; remember, we only know for certain of 12 million ounces at Bayhorse, so why toss them away for $27-dollar silver. Market doesn't appreciate this any more than it does the value of the company as it stands. Thinks it is too dangerous, because silver and PMs might collapse, and leave the company in inextricable debt. If you believe that PMs are going to go up with 100% certainty, and are willing to lose 100% of your money in exchange for the chance of making 1000x gains, keep accumulating. If not, stick to collecting coins, bars, and Newmont dividends.
Eli Smith
sounds about right.
Luke Hall
Thanks user. Your thoughts on Canada Silver Cobalt Works?
Oliver Moore
fuck up almost 50 cents now, not bad at all, 27$ has shown some nice support
CCW is like Dolly Varden, Silver One, Discovery, etc., one of those low-cap silver stocks with massive amounts of known ounces in the ground which _must_ soar if silver soars first.
Robert Harris
what about impact, anything new yet ?bought 100 share today!
I actually want to die inside because I got in relatively too late. I got 75 Britannia's when they were a crazy low price back in march. Since then I got 2x 1Kilo bars and 6x 100gram silver bars. Overall 166ounces of Silver total. I have a small amount of gold I won from my old man but I feel like I'm still not going to make it.
I can't even invest in all to kool kids' Silver mining shares and shit either.
Just keep stacking what you can afford, 166 ounces is a lot of hard money for most plebs out there and if you are wise and frugal you could do well through the global reset. It's not so much how many ounces you have but more about how you leverage it, so stay sharp and keep hoarding!
Easton Scott
delivery days are the best days, will post a better pic of the RCM bar tn
Just because the underlying fundamentals look good for the sector as a whole, does not mean market psychology suddenly doesn't apply anymore. Aurcana is the type of stock you make your money in and get out into something less volatile.
Chase Reed
Short term strategy yes, but long term? I thought the plan was for aurcana to moon
Patrick Karim is posting about Impact on Twitter and saying that it is about to break out. I don't really believe in TA myself, mostly fundamentals, but people who espouse it tend to influence other people in their decisions.
I gotta update this again with Zig Forums and /x/. I squeezed /o/ into the latest one. Some user mentioned getting more /an/ pics. Please reply and I'll see what I can do tonight. >tfw no sterling pepe nor gondola
Most of /pmg/ is interested in the BIG BOOM rock from what I've seen. user posted a chart earlier yesterday with a list of uranium stocks. Does anyone have it?
