RE:Golden Triangle low market cap stocksrockport1 wrote: I'm looking for other Golden Triangle stocks to pick up on further dips that might be forthcoming. Any suggestions of companies for me to start DD on? Ideally, looking for those with market caps below $20 million or so; those give a decent chance of 20 baggers or more if they hit something.
A couple of examples of ones I bought in the past month are Decade (DEC) and ArcWest (AWK).
Thanks for any suggestions.
I think you are right on target with AWK and DEC. Both have great geology teams (Jeff Kyba! Big Ed!). AWK's recent PP was pretty badly done, but hoping they improve on that score. They have been good with getting options done (Teck!).
I'm watching Colorado, which just reorganized and changed its name to QuestEx (QEX). They are situated right on the boundary of the GTT reserves at Saddle South. On trend. I expect to get some QEX this winter just after they do the next PP to fund exploration in 2021. They will dilute by >30% I think and that will take the price down.
Also watching several to see if they hit low points in the offseason: ABN, AUU, SVG, MRO, SCOT, ENDR
Do your own DD. GLTA