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$GFGSF GoldHit 23 GramsOver7.6Meters, Doubled last time. Grade over 97th Percentile and wide too.It doubled off first hit that was great but not nearly as good last week. Looks like they have found a rich gold deposit in Canada. Prior company of theirs was super success, Claude, I made 23 bagger in that one.
https://aaronmcm.com/intercept_report_card_gold?grade=23.08&length=7.6&depth=223.9 GFG 2nd interval
Grade (gpt) 23.08 97.48th Very High
Length (m) 7.6 90.98th Very Thick
Depth (m) 223.9 27.1th Moderate A+ Rating
GFG Extends Gold Mineralization to Depth and Confirms Multiple High Grade Vein Systems with 23.08 g/t Gold over 7.6 m at the Aljo Target - Main Zone @GlobeNewswire/gfg-extends-gold-mineralization-to-depth-and-confirms
Grade over 97th Percentile and wide too.It doubled off first hit that was great but not nearly as good last week. Looks like they have found a rich gold deposit in Canada. Prior company of theirs was super success, Claude, I made 23 bagger in that one.
https://aaronmcm.com/intercept_report_card_gold?grade=23.08&length=7.6&depth=223.9 GFG 2nd interval
Grade (gpt) 23.08 97.48th Very High
Length (m) 7.6 90.98th Very Thick
Depth (m) 223.9 27.1th Moderate A+ Rating
Last hole doubled it, this should too.
$GFGSF Nirvana Bonanza Grades lower down,Video+GoldPicsUp60%3days
GFG assays one holes and in GFGSF video call yesterday https://events.6ix.com/preview/gfg-talks-recent-high-grade-gold-results-from-the-aljo-mine-target Showed pics of big visible gold in lower down cores with assays to come out soon.
This can 10-50 bag the stock.
About half thru it seems at Pen they drilled in Mustego swamp and got XRF results of 1 to 10 grams, virgin ground; no one has ever tested it. Is under mud/water. I like the CC, goes into geology deep.
They say the lower visible gold grain density at Aljo is much higher than the 14 gram ton at higher up core assay. He hints it is in 100-300 gram grade per ton. You can listen yourself and do your own take on it. He says 5-6 gold grains showing is often 10-20 grams and one part of the 2nd zone had 30-40 grains showing, and that can be 100-200-300 grams a ton, just relistened. Listen at 41 mins. Assays coming. Wow. The video is worth watching, going up about 20% a day since PR.
$GFGSF Nirvana Bonanza Grades lower down,Video+GoldPicsUp60%3days
GFG assays one holes and in GFGSF video call yesterday https://events.6ix.com/preview/gfg-talks-recent-high-grade-gold-results-from-the-aljo-mine-target Showed pics of big visible gold in lower down cores with assays to come out soon. This can 10-50 bag the stock.
About half thru it seems at Pen they drilled in Mustego swamp and got XRF results of 1 to 10 grams, virgin ground; no one has ever tested it. Is under mud/water. I like the CC, goes into geology deep.
They say the lower visible gold grain density at Aljo is much higher than the 14 gram ton at higher up core assay. He hints it is in 100-300 gram grade per ton. You can listen yourself and do your own take on it. He says 5-6 gold grains showing is often 10-20 grams and one part of the 2nd zone had 30-40 grains showing, and that can be 100-200-300 grams a ton, just relistened. Listen at 41 mins. Assays coming. Wow. The video is worth watching, going up about 20% a day since PR.
$GFGSF Nirvana Bonanza Grades lower down,Video+GoldPicsUp60%3days
GFG assays one holes and in GFGSF video call yesterday https://events.6ix.com/preview/gfg-talks-recent-high-grade-gold-results-from-the-aljo-mine-target Showed pics of big visible gold in lower down cores with assays to come out soon. This can 10-50 bag the stock.
About half thru it seems at Pen they drilled in Mustego swamp and got XRF results of 1 to 10 grams, virgin ground; no one has ever tested it. Is under mud/water. I like the CC, goes into geology deep.
They say the lower visible gold grain density at Aljo is much higher than the 14 gram ton at higher up core assay. He hints it is in 100-300 gram grade per ton. You can listen yourself and do your own take on it. He says 5-6 gold grains showing is often 10-20 grams and one part of the 2nd zone had 30-40 grains showing, and that can be 100-200-300 grams a ton, just relistened. Listen at 41 mins. Assays coming. Wow. The video is worth watching, going up about 20% a day since PR.
Have finished the Prospera video today. Not Sam's smoothest presentation but the facts were what I was after. The key thing is early on in video he points out thet can self fund the 18 wells. About $12 million from FCF and receivables and $3 million from warrant exercising.
The first 40,000 barrels per each horz wells has no royalties and after that about 2.5%, so gov is giving much better deal on horz wells, Drilling cost is $800k for horz wells and $500k for vert. He hinted that are working on deal that would double their reserves. How would they pay for that as drilling would use up all their money? By the additional production after drilling creating a lot of free cash flow, plus he expects the shareprice to go up by then and the deal is timed for when then can afford it. This is very agressive. It is fine with me.
They are projecting $5 million netback for Nov-Dec on $65 oil, I think $80 is more likely. Their FCF breakeven is 500 bopd, right now they are doing 800 bopd. End of year conservative is 1,600 bopd. Right now even with 800 bopd they have about 400 bopd behind pipe as they repair wells or optimize them. https://register.gotowebinar.com/register/6627860923139675992 has the replay
NYBob, I still have my big ARIS position. Have you looked at I-80? Multiple super rich gold deposits, I have taken big position yesterday.
Time will tell kahlua. I think carbon credits are a scam, but if they exist and Verde can make a ton off of them, then they should. Cheers
Thanks. Been in it about a year, super value for commodity cycle. Cheers
Spending on conventional oil and gas exploration is rebounding and expected to top $50 billion this year, the highest since 2019, but operators are still waiting for the results they had hoped for. Rystad Energy research shows that despite the rising investments, discovered volumes are falling to new lows.
Our estimates show that in the first half of 2023, explorers found 2.6 billion barrels of oil equivalent (boe), 42% lower than the first half of 2022 total of 4.5 billion boe. Fifty-five discoveries have been made, compared to 80 in the first six months of last year. This means discoveries in 2023 have averaged 47 million boe, lower than the 56 million boe per discovery for the same period in 2022.
The exploration and production (E&P) industry is in a transitionary period, with many companies exercising increased caution and shifting their strategies to target more profitable and geologically better-understood regions. This strategic shift and the failure of several critical high-potential wells are contributing to the precipitous drop.
In the hunt for new resources, exploration companies are prioritizing the offshore sector, trying to capitalize on underexplored or frontier areas to unlock new volumes through high-risk, higher-cost offshore developments. The offshore industry accounted for about 95% of exploration spending this year to date but only about two-thirds of discovered volumes.
This combined with "Crude oil inventories in the United States unexpectedly fell sizably this week by 15.4 million barrels" Is quite the setup. Both oil futures and oil stock markets totally missed this in 1st half of 2023, as both declined. Catchup going on now. BTW it was obvious to many this setup was happening, why the blindness? Both FedRes and Biden did not want oil up for inflation reasons and the media did their bidding? Think that is very possible as said so as it was going on. Also conformist groupthink was divest all oil investments oil has no future and EVs will replace all gas cars fast, without thinking it thru. We would have to mine more copper in next 25 years than in all human history just to pull that single thing off (impossible).
So? EOR is very necessary for oil supply. Companies like Prospera that have huge oil reserves compared to mkt cap are natural winners in oil shortages. At $120 oil bet they can figure out how to get a bunch more of that 400 million barrels of oil in place with roughly 9% recovered. 20% more is 80 million barrels. Oil recovery has never gone down only up. I do not know how but do know in many ways advances wil be made. In 10 years maybe 50% recovery is possible? At 25% more that is 100 million barrels X $100 = $10 billion. Current mkt cap $34 million Cad. It will take many years to get it out, but still what an amazing ratio between future revenue and mkt cap today
Cheers
If they were to get carbon credits on it using their #s "Currently, carbon credits for permanent carbon offset similar to Verde’s are being sold at prices up to US$500 per tonne.1 The Company is able to generate up to 300,000 tonnes of carbon credit annually via its existing production facilities." and cut it by 60% that is $200 X 300,000 that is $60 million. And seems no real costs as will happen anyway?
So now 80 million rev (cad too) and CFO of $5 million and FCF of minus 27 million, if you kick in say remove $10 million for expenses then $50 million of Free Cash Flow it would seem that this alone could 5-10 bag Verde? It is $170 mkt cap Cad now. That 5-10 bagger would be justified if main fertilizer biz goes back into profits and growth, which is normal for Verde.
PR https://finance.yahoo.com/news/verde-sell-carbon-credits-113400951.html
I am getting very positive on ROK, ROKRF. Hard to see anything bad. Down .55 to .31 Cad in about 8 months but they may be worth more now than then. Yet 44% lower cost now. Oil is higher than then and headed down then not up now.
Debt? Since March 2022, the Company has retired more than $55 million of debt while increasing its base production from 3,000 boepd to 3,750 boepd (>25%). The Company has retained a $22.5 million revolving credit facility, with current net debt estimated at $10 million.
Hedging Update: As a result of the early Term Loan repayment, the Company made the strategic decision to unwind certain commodity swap hedges placed in 2023, 2024 and 2025. BTW they made a bunch on hedges they put on in 90s. I think oil is now going to $100ish. They played it smart first time, think they are also this time.
Management for a $66 million Cad company is superb and proven. They have built and sold at a profit 3-4 oil companies in past. The COO is young.
How did they pay off all that debt? "Notably, since the FCL acquisition in March 2022, the Company has disposed of approximately $74 million in non-core assets representing ~31% of production and ~127% of the purchase price, after closing adjustments." https://rokresources.ca/assets/rok-resources-inc-investor-presentation-july-2023.pdf
BTW it was selling a tiny percent of Weyburn Unit (all that they had) for a lot. So they make a 27% profit in 1 year yet kept 69% of what they bot production wise, Wow! So the debt is almost gone now and they have 3.750 bopd production. Their usd mkt cap is $50 million. They sold $15 million Cad more than their entire current mkt cap and yet still have 69% of what they bot, just selling 31%. Seems they are good dealmakers.
2023E Net Debt/EBITDA is 0.2X, 2023E EV/EBITDA 2.4 and they are free cash flowing.
Did I get any of this wrong?
Bizzare. I hd a small amount, sold for killing (just percent wise, like 30 bagger) and hold 10% of what had. I think there is no company. But was able to sell. It caught my eye as no one was selling when it went up. Still way up????
Hi Bob, lots of good things going on with Globex
$SEAV Now.51 Bid,.52 ask,40 bagger in 1 month???
I had tiny amount out of curiosty and just sold all but 5 shares at .51. About a 40 bagger, I got about 25 bagger. There may not even be a company. Not reccomending it at all. The question is why is practically noone selling after a 40 bagger, I was curious after just 2 bagger noone was selling. Wish had some real money it it of course now, but again maybe no company exists.
$SEAV Now.51 Bid,.52 ask,40 bagger in days???
I had tiny amount out of curiosty and just sold all but 5 shares at .51. There may not even be a company. Not reccomending it at all. The question is why is practically noone selling after a 40 bagger, I was curious after just 2 bagger noone was selling.
$SEAV has 25 bagged twice recently,yetNoSellers?
It may not be worth anything, it looks iffy but the Ask is way over last and no one is touching it. Anyone know anything?
$SEAV, why is no one selling,Bid .0352?? This thing way up?
$SEAV SuddenVolitility,10+Baggers Intraday.No one posting on SEAV, but 36,000 volume and range of .025 to .16 on 6-27 and .03 to .53 range on 6-28?? This thing traded 4-14 into May with tiny price range, now 10+ baggers in single days???
Trying to figure it out. Not reccomending it, but if someone has it and wants to sell it they can now, way higher than months ago. It was sub penny weeks ago.
$SEAV SuddenVolitility,10+Baggers Intraday.No one posting on SEAV, but 36,000 volume and range of .025 to .16 on 6-27 and .03 to .53 range on 6-28?? This thing traded 4-14 into May with tiny price range, now 10+ baggers in single days???
Trying to figure it out. Not reccomending it, but if someone has it and wants to sell it they can now, way higher than months ago.
$SEAV Triannual,Your take on 25 bagger+volume coming back?
Aarons, you see SEAV is way up? So far no one is posting on SEAV, but 36,000 volume and range of .025 to .16 on 6-27 and .03 to .53 range on 6-28?? This thing traded 4-14 into May with tiny proce range, now 10+ baggers in single days???
$SEAV It 25 bagged in 1 week?? Part id Bid/Ask, but what is going on here?
$SEAV, Seatech hasTripled,Any guessesWhy?
It has a big spread, but why after triple is no one selling??
$SEAV up 3 times? Wide spread,Any guessesWhy?
Odd action no one seems to want to sell. Was a penny now .0312 with Bid higher yet no one is selling after triple?
$SEAV up 3 times? Wide spread,Any guessesWhy?
Odd action no one seems to want to sell. Was a penny now .0312 with Bid higher yet no one is selling after triple?
There is a Feb Press Release https://finance.yahoo.com/news/seatech-ventures-announces-incubatee-catthis-110000311.html?.tsrc=rss however still see no indication this is a real company. Suprised it has a 4 character symbol yet does not trade most days.
$SEAV Volume is 1 today,seriously,but have read on Yahoo you can not sell it, but looks to me you can buy and sell. Anyone know different?
Are they still in business? 10,000 bid @.0245 but I see no financials?
ARIS chart has a very big "divergence" right now going back to August. There are 6 tops all about the same peaks. A 6 top is very unusual, even 4 tops is. And if you look at MACD and RSI you have 4 higher highs in that same period. The indicators are zig zaging higher and higher while price stops at same level, this is "divergence" and a sign that the bottom is in on ARIS.
There are articles on triple tops, but none on 6x tops, it is rare and recall 20 years ago reading that the more tops the more likely it will breakout. Put both together and adds are that ARIS breaks out. And ARIS is 1.2 Price/Sales, smaller Karora, which I have, is 3 X Sales as is much bigger GOLD(3), HL is 4.7 X Sales. A triple in 2023 would just get ARIS back to par, and of those 4 stocks ARIS has the highest growth prospects, with 2 mega mines compared to their current production, coming online in next few years.
What is PE run rate?
I know someone that thinks this Q it is at 1 PE run rate, or close to $600 million profit annual. With merger and so forth any ideas here on Q4 profit?
See the $65 million in PR,but WhatIsThat?
In addition to today’s launch, the Group has secured its first export contract of many expected over the coming weeks and months, which has a sales value of approximately $65 million. With a considerable number of commodities agreements expected through the DMCC, the total value of export sales is expected to exceed more than one billion dollars in 2023, with continued significant year-on-year growth expected.
So is that Tingo Customers selling the $65 million? Tingo doing that? Please elaborate if anyone understands it.
https://ceo.ca/@Geodan/title Is the source article with pics.
https://ceo.ca/@Geodan/title Is the source article with pics.
$GXRFF IsProsperaHighestPotentialOilStockOutThere.That Does Not Require Luck?+22%MondayonTSX
Production already is up about 1,000% in 2022.
They are converting old oil fields, with massive oil in place compared to Prospera's market cap, to horizontal drilling.
The horizonal wells access 200 times more oil than old vertical wells did.
Prospera (PEI.to, GRXFF OTC) is my #1 buy last week. The video in this article by Shubham Garg is why bought it. The video is well worth the time to watch it. I sold most of my Prairie Provident to buy it (timing was a blessing as PPR.to dropped hard right after doing so on an iffy Q, had no expectation of that). I had to swap out of an oil/gas to get the cash to buy Prospera and decided that PPR.to was the highest risk and most fairly valued oil/gas had (had a 15 bagger on it on average).
$GXRFF IsProsperaHighestPotentialOilStockOutThere.That Does Not Require Luck?
Production already is up about 1,000% in 2022.
They are converting old oil fields, with massive oil in place compared to Prospera's market cap, to horizontal drilling.
The horizonal wells access 200 times more oil than old vertical wells did.
Prospera (PEI.to, GRXFF OTC) is my #1 buy last week. The video in this article by Shubham Garg is why bought it. The video is well worth the time to watch it. I sold most of my Prairie Provident to buy it (timing was a blessing as PPR.to dropped hard right after doing so on an iffy Q, had no expectation of that). I had to swap out of an oil/gas to get the cash to buy Prospera and decided that PPR.to was the highest risk and most fairly valued oil/gas had (had a 15 bagger on it on average).
Finally a 10%+ gain. Super out of favor for over a year. If gold stocks go in favor it should 10 bag.
I think they might be a social media consulting company, do you know what business they are in? I have spent hours trying to figure that out.
Yes they have good numbers.