Post by
JimTown124 on Nov 08, 2021 2:12pm
Penny wise pound foolish
I can't legally play poker in Tennessee so I play penny stocks. As another stated you need to be willing to lose it all. Me I've got a lot to lose but a lot to gain if they pull off the hat trick. It's in a ROTH so if it hits I'll be like the cat that ate the canary. My other poker play is Ioneer lithium play in Nevada got in at 0.25 and more at 0.50. If asked I'll tell you the potential fatal flaw with them.
Comment by
DMVWEB12 on Nov 09, 2021 5:08am
I rather like to see it as a roulette play. Rewards can be high if we are betting on the right outcome, but risks are very high too. Nevertheless, been in stocks riskier than this one.
Comment by
Richy7 on Nov 09, 2021 6:53am
One year ago the price was 0,175 ct CAD. Now 0,04 ct CAD. In fact the company has improved their production. Gold still at very good price. Everybody is in Tech and Bitcoin. Wait what happens when the crowd start thinking about Gold more. All companies even with the word Gold in it will move up quickly. We have hardly no volume yet.
Comment by
Gold_Addict on Nov 09, 2021 8:47am
Gold has history for sure, but that doesn't mean the world hasn't moved on. Maybe crypto is the new gold? I'm not convinced that's so, but I'm also a crappy investor. At this point I know more people that have made money on Crypto then on gold.
Comment by
Richy7 on Nov 09, 2021 9:37am
Bitcoin could be the new Gold on Mars :). But I would not be unhappy now if I had recognized it at 0,25 ct and sold at 60k.
Comment by
Kylemcc10 on Nov 11, 2021 3:55pm
Ah yes a publicly traded company that requires a call in for info. Let's say nothing for months and dilute at 5 cents, soon to be 4 and squash any significant chance it gets out of single digits as the shares pile up. Joe picked up 950 bucks worth of stock end of September. Not sure what the point of that was. Mining is hard, updating shareholders every couple months is not.
Comment by
botchki on Nov 12, 2021 9:55am
What's the potential fatal flaw with Ioneer. Like the company a lot.
Comment by
botchki on Nov 12, 2021 9:57am
What's the potential fatal flaw with Ioneer?