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Contest on YearOverYear Gain?Will be fantastic,See $635K Rev Q1 2020, then $1.32 Mill Q2 2020. And Q4 2019 was $735K 2020 Q4 was $930K that is a 27% gain last year over 2019 Q4.
BUT no Amazon, no ramped up BLU3 manufacturing capacity, no momentum, no Covid restriction coming off, they were going on instead last year. No L&W focus last year.
So this year what will Q1 2021 be like? It could be $1 million?? Then if follows last year a 79% gain in the next Q, Q2 2021 which would be $1.82 million.
I will guess a rounded off $1 million for Q1 2021, any thoughts or other projections?
If it happens wow will the stock love it.
Bman, is that deadline on Q or do you have another reason to think Monday in Q?
I am looking forward to it, Amazon had kicked in by then.
Q out, up a lot over last year but was hoping the Raymond deal had generated more sales. Their cash position is good. their Q2 (normal Q1) is a weak Q for them, the next Q was great for them last year. Hope that pattern repeats. They are mentioning covid as a factor: https://www.streetinsider.com/Accesswire/Electrovaya+Reports+Q2+FY2021+Financial+Results+Quarterly/18403791.html
While we wait for Q: https://electrovaya.com/lithium-ion-battery-manufacturer-growing-market-for-material-handling-applications/
Good writeup in April.
(TSX:EFL)(OTCQB:EFLVF) today announced that it will release the financial results for the quarter ended March 31, 2021 on Tuesday May 11th, 2021 after the markets close. CEO Dr. Sankar Das Gupta and EVP & CFO Richard Halka will host a conference call on Wednesday May 12th, 2021 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business update."
Hmmm, .06 +8% &ThinAsk,Just 10k at .0605.LookingGood
Whoops wrong board! Ignore post on 6cents,Thought was on BWMG, you can erase Bob if you wish
Hmmm, .06 +8% &ThinAsk,Just 10k at .0605.LookingGood
Looking good today.+.07 over 20DayMovAvg,Last Week Blowoff high volume bottom, so it looks.
Bid bigger than ask,up6% today best looking day on chart in several weeks.
Gran Colombia, Serafino and Denarius MiniArticle
T, you prompted this with Whisperer thing.
Just ran into some info on Denarius Silver today, was aware that Gran bot 36% for $10 million but not the assets. https://www.globenewswire.com/news-release/2021/02/22/2179390/0/en/Gran-Colombia-Announces-Acquisition-of-Approximately-36-Equity-Interest-in-Denarius-Silver-Corp.html Sorta blown away by what found out about it and Serafino.
Northern Miner interviewed him, and explains why he has since done deals with Giustra and Friedland recently: “My God, I was just 29-years-old, [but] it was time for me to move on,” Iacono recalled. “I started seeing an opportunity in the gold sector. There was a discovery of three million ounces of gold [in Venezuela]. In those days, three million ounces of gold was huge. So, we went in and started staking ground in the surrounding area. After a few months, this area became the hottest area for all the junior mining companies.”
With the help of his friend Giustra, Iacono forged an alliance with Robert Friedland, brought in Ian Telfer as chief executive, and Venezuela Gold Fields was created. https://www.northernminer.com/global-mining-symposium/natural-resources-entrepreneur-serafino-iacono-shares-the-know-how-and-the-know-who/1003824914/
What did he have to say about Gran Colombia?
“Gran Colombia is a fantastic vehicle with multi-dimensional projects,” Iacono replied. “One of the most important is the Segovia project. We are the largest producer right now in the country, with close to 250,000 ounces of gold this year.”
He said that the company has one of the most important concessions in Colombia. What makes it unique is that Gran Colombia has title and ownership of what is called a ‘king’s right’. They are the owners of the land, which currently comprises over 35 sq. km, and they own the mineral rights (they pay a royalty to the government of Colombia).
“It is one of the oldest mines in Colombia. It is the number three, on grade, richest mine in the world. We produce an average of 17 grams of gold. And it’s been producing between 11 and 17 grams for the past 150 years. It hasn’t stopped. More than six million ounces of gold have been produced in the past. And the last million ounces we have produced since we took the mine in 2011.”
The next plans for the company are to grow its profile and, more importantly, to increase gold production. “Our goal in Segovia is, within the next four years, to take production to 400,000 ounces.” So much about fears of Segovia running out of gold soon IMHO, they are planning on nearly doubling production.
Also found a Investing Whisperer article of Denarius just written 5-6-2021
DENARIUS SILVER BUYS THE PERFECT ASSET THAT JUST NEEDS A LITTLE FIX (and they have The Fixer)
He fixes things. He is like a home renovator. His biggest renovation job was Pacific Rubiales, a heavy oil play in Colombia that he took from 10,000 barrels of oil per day (bopd) to 300,000+ bopd in the 2000s.
“I've done a bunch of fixer uppers. I can tell you that with Pacific Rubiales, that growth we did was the same concession that everybody said that it couldn't be done because of the guerillas, because of security, because their API wouldn't flow, because, because, because…
“And when somebody tells me, "Because you cannot do it," that makes it all so interesting for me to try to do it.
“Same thing that we did with Choco 10 in Venezuela years ago. We took a mine that (the previous owner) could not develop. And a year and a half later, I put it in operation, and it was producing 200,000 ounces a year.
That concession, I bought it for $700,000 after they had spent $50 million on it. Why? They had illegal miners invading the property. They didn't know how to deal with it.”
“I picked up our company NGX Energy, a gas play in Colombia for not much more than $3 million market cap and we funded it and now we already have one discovery and a $150 million market cap, and more discoveries are coming and we’re going to keep growing the company.
On Denarius Silver? The “silver” part of the name comes from their Guia Antigua project in Colombia, which is really an extension of GCM’s nearby high-grade Segovia projects—except a much larger silver grade than GCM. He sees a near term producer here generating cash flow.
“We're going to start a drilling program, $3-million drilling program to start developing the first three levels that exist in the mine, put some reserves and we're going to go into early mining because we can take the material to our plant in Segovia, where the material can be processed over there, and we can generate cash flow.”
Guia Antigua, it sits 500 meters away from where we are exploring a brownfield area in our operation in Segovia, right next to a former mine called Vera, where we just hit six drill holes with two ounces of gold and half a kilo of silver per ton. This is the same thing in that concession, but it's owned by Denarius and we're talking about an average of seven to eight grams of gold with 300 grams of silver per ton.
So they do not need to build a mill, just use Segovia's mill at first. And Segovia is expanding its mill, is that related to Denarius? My guess yes, but to go to 400,000 oz gold, they will have to expand it more.
Exciting isn't it. But that is the small part of Denarius. The Big Prize—Lomero Poyatos in Spain. “We have an open-pit of 20 million tons of four grams of gold in the first 200 meters, then it goes underground in very wide veins systems. And when I'm talking about wide, 10 to 20 meters in veins systems, but you have four grams of gold, one ounce of silver, 1% copper, 2% zinc and lead.
“We are going to get to work in there, getting liquidity everybody, paying everybody, and just fixing it up. It just needs somebody to do the mechanics; somebody not afraid to do it.” This chart https://ci3.googleusercontent.com/proxy/zku-wou2P7vnnezYGa9Sj4WY3d6fE3FDKuh7O0A_oel8O_oWyYMmRilpbFBdtC1dXql6UHxIXml1Uj10JLg1xCVYT01TayR_O9lS89yGDfw1s01t4CbjH1eHp5IRxfkIq_wfeYDd_4rg=s0-d-e1-ft shows 440 million pounds copper, 2 million oz gold, 44 million oz silver, 415 million pounds lead, 1.5 BILLION pounds zinc. Add that all up and you are talking many $billions. And Gran has 36% for $10 million for that and Guia Antigua??!!
There is apparently problems getting the rich Lomero Poyatos in operation. Not that mining is prevented in Spain, nearby Matsa Mine, a US$1.1 billion polymetallic producer doing 5000 tons per day (tpd.) from three deposits. Matsa is a joint venture between global commodity trading giant Trafigura, and the government of Abu Dhabi’s company Mubadala. But apparently harder than most places. "There is lots to do. Iacono says operating a mine in Spain takes a lot of attention to detail, double and triple checking everything."
The deeper look into Gran Colombia the more amazed am at how big they can grow and the stock's silly low valuation. JMHO Serafino has no plans to sell down here so takes advantage of it by buying back stock not being overly distressed by current price, realizing the stock will reflect its value in future. BTW Gran is also getting in near future 10 million oz of gold at Toroparu Gold Project.
Not only is Gran and Serafino buying the stock. I have increased my position by 50% in last few weeks and have been in it since $1 in 2016.
Cheers
Northern Miner Interview of Serafino
https://www.northernminer.com/global-mining-symposium/natural-resources-entrepreneur-serafino-iacono-shares-the-know-how-and-the-know-who/1003824914/
His background, fascinating.
T,that is amazing!,Seen Denarius as GCM Asset but had no idea. No one is talking about this. See you posted on Stock House. How did you find it?
Here is that link as has some pics in it.
Good timing Bman, it is maybe the cheapest it has ever been relative to value.
Bull, I was surprised how good Q4 was. Q1 then Q2 was when was expecting the big growth. Being we know they are having trouble keeping Nemos in stock on Amazon as they are selling so hot, and that they are boosting production Q1 sorta has to be good. The Q2 is naturally a hot Q in the sector for non-Nemo stuff plus all this publicity and great reviews on Nemo can not wait for Q2 results.
Hope you are right, maybe same person that drove it down before Q4 results then bot before the news and did well we guess, is doing a repeat.
big volume on way up,Over1million,GoodToSee
Now 1,070,000 and .059, not looking at tape but looks like several 50,000ish buys. Maybe the same person now trying to get a large position cheaper after driving it down in morn.
Anyone here by accident put in market order? If someone did on purpose I will not make fun of you, everyone likely does that once and learns you never want to do it.
Dallyb sometimes kick myself either up or down not having a "catcher" order in. BUT bet it was not retail. BET it was MarketMaker seeing a market order pulling their bids filling lower and then selling now .056 for quick 25% profit intraday.
On OTC Bull why you never use market. I have traded them for decades,never have ever placed a market order. On OTC the market makers are allowed to pull bids when they see a market order, it is legal. On Nas and NYSE it is illegal. Everyone know this except a newbie.
Dally maybe fat finger,MaybeBuyer. Indeed a real seller would never do this unless they know nothing about how to sell a OTC stock, you never use Market unless you are trying to drive it down (or up if buy).
Just noticed it,wasQuiet,up a little,then what someone that knows nothing about penny stocks putting a market order in? Bizzare. almost wonder if a buyer. They do this thien buy 4 times more at lower than they could get oit otherwise?
An before earnings too, maybe above is teh case.
T, There are some tax protests going on in Colombia. Some deaths. That is why, even though will not hurt GCM. Outside investors selling cause of that. When Milwaukie has 10 times worse riots do people sell gold miners in US? No, cause it does not effect them.
Got some at low of day $4.08.
This is crazy low
14.4.5.1. Two Boys Location, Mineral Resource and past production
The Two Boys deposit lies 800m south of the HGO gold processing facility. It consists of several narrow shear and quartz vein structures and had a high-grade shallowly north-dipping quartz vein lode which was mined by Barminco from 1997 to May 1998 by decline and room and pillar stoping. The most prominent surface feature is the Barminco box cut for the portal of the decline.
It produced 185,000t at 14.0 g/t for total recovered 82,063 oz
Very extensive info on Two Boys in new Tech Report , includes pics of 5 foot quartz vein with low dip angle which means shallow mining gets a lot more ore than steep dip.
Gold is often visible occurring as coarse gold grains up to several millimetres in diameter (Sheddon 1998) and often occurring
with pyrite, arsenopyrite and galena (Westgold 2018).
https://www.karoraresources.com/download/KRR+43-101+Technical+Report+%281+Feb+2021%29+FINAL.pdf page 240
Average grade in past underground was 14 grams. If it is half that good in future being they were able to open this mine so fast means capital costs were tiny and it is less than 1 KM from mill. Discussed fair amount in this new video by Huet
We are up today with stock market down, have seen this before Brownies pretty much ignores the stock market. Last year it went from .02 before stock market crash to .05 in midst of stock mkt crash, rather amazing, a 2.5 bagger when market crashed think it was over 30%.
A good factor to have on a stock.
thanks Bob, great video on being cheapest. I agree and have been buying a lot.
T, Any boat yacht sail/motor should have one, cleaning, repairing under water line, emergencies, etc. Think will be std equipment in future, like a bilge pump.
Notice that every review is good on Nemo?
Think by now seen 30-40 people reviewed it and 100% positive.
Q is duedate May 15th, so we do get news soon, maybe before 15th they will release it.
New video review, Maui+many more
Clever marketing GoogleShowsMikeOliverVideo was April23,when 8months ago??
I was looking for newest Nemo videos, so searched last month and this came up first:
Nemo + Backpack | BLU3 Ultra-Portable Dive Systems easy to ...www.diveblu3.com › Shop
Video for nemo diving blu3
1:00
Nemo + Backpack · Nemo is a compact dive system that supports 1 diver to 10 feet with a rechargeable ...
Apr 25, 2021 · Uploaded by BLU3
It says Apr 25,2021 and takes you to Brownies web, not YouTube, yet it is Sept 2020 video
Bman, there should be some news fairly soon. Whether preliminary Q1, or 10Q, or update on Nemo. They seem to be more active in communicating with investors.
DiveBoatsHighPressureReport Looking Better
Bahamas Lifts Test Requirements for Vaccinated Travelers
April 23, 2021
Effective May 1, international travelers will no longer be required to present a negative COVID test to enter the Bahamas if they are fully vaccinated and past the two-week immunity period. Effective immediately, negative tests are not required for traveling domestically within the Bahamas for vaccinated individuals. Travelers who are not inoculated are still required to present proof of a negative test.
Prime Minister Dr. Hubert Minnis has also shifted the Abaco curfew start back two hours, from 8 PM to 10 PM. It still lifts at 5 AM.
French Polynesia to Reopen in May
April 13, 2021
French Polynesian President Edouard Fritch announced last week the island nation will reopen its borders to tourists on Saturday, May 1st. Any traveler above the age of 11 will have to provide proof of a negative RT-PCR COVID test taken within the three days before the flight. The result must be presented to the airline company and uploaded to the government's Electronic Travel Information System. "The sharks and whales await your arrival!" says dive travel company Reef and Rainforest. "Humpback Whale season starts August 1st."
Visitors to Tahiti must quarantine for 10 days upon their arrival at their own expense or at a home, if a request logged at least 72 hours before departure is approved by the government. Quarantined travelers must pass two RT-PCR tests on the 4th and 8th days of their isolation. Travelers may be exempt from quarantine "when travel to another island can be carried out by private air, thus avoiding any contact with the population," according to Tahiti Tourism.
The Bahamas Receives Its First Shipment of COVID-19 Vaccines
March 11, 2021
Twenty thousand vaccines donated by the Indian government were delivered to Nassau on Wednesday, March 10th. "Today is the most delightful and joyous day of my life because now we can see, truly, light at the end of the tunnel where we can overcome this pandemic," says Prime Minister Dr. Hubert Minnis, who anticipates Bahamians will begin receiving doses next week.
Clearly Cayman Dive Resorts Launch Flexible COVID Cancellation Policy
February 8, 2021
The resorts now allow customers to reschedule or cancel any 2021 or 2022 bookings free of charge if the changes are due to a COVID illness or travel restrictions. “We are more anxious than ever to welcome our customers to our beautiful Islands for spectacular diving, great food and relaxing accommodations, and hope the Worry-Free Guarantee will ease some of the anxiety when making travel plans,” Sue Belport, Clearly Cayman’s sales director, said in a company press release.
https://www.scubadiving.com/scuba-diving-coronavirus
This is good for L&W, this Spring looks like when tank filling will recover.
BecauseOfAmazon,Q1 Good.Q2 Spectacular because of seasonality. And industrial is coming back so L&W should be helped by that. They want to get into industrial side more. Bauer sells most of their high pressure to industrial.
Not a bad day. A quiet "Inside" candle, which is a reversal signal. When days range is within or inside of prior days range.
Next news item could move it a lot. That is Q1, a deal on Nemo (like Cabelas selling it in their stores. Pre Q maybe update on 2021 sales on Amazon, big L&W sell, etc. Lots of things can happen that would make a big difference
That is 36 bagger at .08
worked
Ecomike, great video.42,000Views NoDoubtManySalesFromIt
bman, .002 goes way back. I at one point had .006 avg but never got any under .004.