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Don't feel like you have to use it, but that's a quick write-up of what I know about the company right now
Discovery Minerals is a mining-focused subsidiary with recent success in prospecting and sampling gold on West Eagle Mountain in Northern California. They are currently classified with a stop sign through OTC Markets; however, the company has indicated that it is wrapping up documentation to bring filings current.
In late December, the company shared a tweet stating that negotiations on it’s next project are reaching a conclusion and that shareholders would receive a due diligence report within the next 60-days. On February 9th, the company tweeted that technical officers would be making a trip out to California to complete a due diligence report.
So this said, we have two major catalysts on the horizon. First, the company’s plans to complete filings to become pink current. They haven’t provided an exact timeline for when this should occur; however, they have been vocal on their twitter and present a sense that this is being prioritized. They also aren’t super behind. Second, within the next few weeks we should receive news about the company’s potential revenue stream and the prospects for the mine (which from their enthusiasm, seems promising).
I feel optimistic about the stock this month because of our current space in the timeline. Gold value is also in a great space at the moment. This is purely speculative, but with a global sense of uncertainty in regards to our economic welfare, gold seems like a pretty stable sector/investment.
*all information taken from the company’s twitter https://twitter.com/DiscoverDSCR and from OTCMarkets.com
Fully agreed. I believe this stock will pay for my college education. I have no doubts about it whatsoever.
I wanted to share an email I recieved from Kim a few months ago. Here she confirms that the company's intention is to remove the CE and that because the company has been classified this way for so long, the process may take a while.
The OTC market website states that three things are required for the CE to be removed: pink current, updated profile, and proof that the company no longer poses a threat to public interest.
The only thing I can see that may not be updated on the profile is the industry designation:
I imagine that if this is what's holding back the classification of the profile as "updated" that it's because the merger maybe needs to be complete before accurately reflecting the new business model. Other than this detail, I think we're just waiting for OTC markets to officially declare this is a safe company now, which Kim indicated they may take a while to do.
I have a *lot* of faith in this company and Kim's leadership. Every step of the way they have been professional and transparent. It's the one stock I don't stress about. They didn't come this far for nothing.
I'm seeing it show up on r/pennystocks too, which is relevant. Also, because of the lower price point I think more people might be willing to take a lotto position and see what happens.
If we organize :p
You can be in my trading circle at $999,999 tchalla :p
I took profits on the first leg up, but thank you for saying that. I dont want to encourage anyone to just yolo.
I'm ready yall! This is the one OTC stock I have legit faith in. I really don't think I'm gonna sell a single share until we hit silver.
Shell warning is gone on OTCMarkets :D
When I called the number the woman that answered said this was etek lubricant but said it was not associated with the stock symbol etek?
Did it always have PRI in the preview?
Ahhh, stupid I forgot about nickles. Ugh, they're my least favorite coin. So clunky. Like platform flip flops.
Congrats on 6's! It's a great stock to be in. Kim Halvorson is in charge of the merger. She is a *boss bitch* for real. She's taken several other companies current and they have soared. OTCMarkets.com now lists BLLB as pink current and the Caveat Emptor should come off really soon (although I don't think it'll happen immediately per an email with her recently where she may or may not have been super conservative in saying 2021 was going to be a great year). <-so this is why you bought it.
Anyway, what you're looking for now that you've bought it is this: an attorney letter to say the stock qualifies to be pink current and that *has* to be coming any minute...otherwise OTCMarkets wouldn't have updated the status last week. (At least that's my logic, I don't know if anyone else has input). And the attorney letter should state the incoming company. And then we'll know how much that company is worth and someone that's a lot smarter than me will make a legit price target for this beast. PT right now is just based off of looking at other tickers she's been on.
Also, be aware as a newbie that you'll see "copper and silver" a lot as a price target. It's often wrong. And you should have a strategy of taking profits where you can. BUT, in this case, it is probably not wrong. This thing has major potential.
Lol->copper is pennies, silver is dimes+. There's a lot of lingo in here that takes a while to pick up on. I just realized that trips is tripple zeros. Felt like an idiot that it took me so long to figure that out. GL out there! :D
QualityinColor, you are, like, on top of it with the BLLB DD, man. Way to go!
Me too! It's been hard but I know it's gonna pay off!
I think it's $4. I'm just excited to hear them talking about it. Like, woah, they have plans.
OMFG NASDAQ!!!!????
I really think we'll be current any minute. Like, it's inevitable at this point and by the turnaround time for everything else so far, you can tell they're really moving on this thing.
That makes sense. I can't wait to see where things go!
Does anyone know how the market value increases when thc products are incorporated or introduced into a cbd company? I know it definitely increases the valuation but don't really have van idea for how much. I think RVD is gonna roll out thc really soon. I wouldnt be surprised if it coincides with official announcements of going public.
I think a lot of people accidentally interpreted RVD's tweet about selling out as an I dictation that RVD CBD was selling out, which is not the case. He sells pre-worn shirts and event badges on ebay and these sold out/had a stop in sales due to moving.
I hate that this rumor went around because it looked like pumping the stock, and when you see someone pumping a stock, you immediately think "that's a stock that needs to be pumped."
That makes sense. But I really dont think that's the case here. I think this stock has potential. RVD has excellent connections in the business (so-cal hemp, wwe, impact, other celebrities), I think he has a product that is in demand and that he is developing more, and I think that he has the resources to succeed.
Anyway, no, RVD CBD did not ever sell out of product. I wish people would stop saying it because I think it's misleading and that it's misleading in a context that has enough legitimacy to stand on without smoke and mirrors.
I'm convinced that's what it's going to be. So perfect!
RVD just announced recently that he's coming out with THC eddibles. Huge development. Especially with five states voting to legalize sale in November.
I've been doing the same thing. I'm putting every cent I can into this. It's like guarenteed money. In my personal life I refer to this ticker as the Rob Van Dam Tuition Reimbursment Program for Outstanding Students of Reverse Merger Plays.
Friday's close is a great price point to get in. People that waited don't realize how lucky they are.
Has anyone tried to call Sparrow? I doubt she'd be able to say much, but still worth a try?
Man, whoever noticed that detail, way to go! I'm so interested to see where this goes!
I would love to know how many shares we have locked up just in the telegram room. People in there have been holding strong for months. So exciting to see the day we've been waiting for finally arrive.
Friday afternoon we got a glimpse of how fast this thing can skyrocket. It started climbing so fast. Next week it's gonna explode!
I don't even know!!! Is this going to be too exciting?! Like, *disclaimer, do not buy in if you have a heart condition?
I'm doing the same. I'm hoping the price will stay where it is for at least a hot second because I know it's gonna take off any minute!
I feel like mods should sticky this and then the video that The Kraken bought
I'm shocked at how little attention it's gotten with as big as the news and DD is. And like, seriously, he liked a tweet that requested he announce he's going public during a match or at some point in time on TV. Like, the exposure on this once it's current will be ENORMOUS! Even if he doesn't announce it on TV the ads and conferences and podcasts he's on will get the word out so fast. Like, whiplash, yall!
Also I was looking at other weed stocks that have celebrity endorsement or affiliation. There were only a few that I found and two of them absolutely blew up after they had a celebrity face added. The two I had found were Tommy Chong, which jumped 1500% in one week after he was attached and then Julian Marley which jumped 500% in like two months after his company's merger. And they don't even own the companies they were joining. They were just adding their name.
What I love about this whole thing is how absolutely animated they are about it. Like, they are chomping at the bit to be able to announce. It's like they can hardly hold in the news because it's HUGE NEWS!
Papa, you're my favorite. All credit for that post goes to Subzy