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Bullboard - Stock Discussion Forum Genesis Metals Corp GGISF

Genesis Metals Corp is engaged in the acquisition and exploration of mineral property interests in Canada. The company is focused on the Chevrier Gold Project in the southwest of Chibougamau, Quebec. The Chevrier Gold Property covers 15 kilometers of the Fancamp Deformation zone - an emerging mineralized belt undergoing intensive exploration by multiple companies including several industry... see more

OTCQB:GGISF - Post Discussion

Genesis Metals Corp > Discovery group
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Post by Mustlovedogs01 on Oct 10, 2019 1:34pm

Discovery group

If it were just Jeff I would have a concern.  Credit to him for buying some $100000.00 worth of GIS. That is hardcore money for most everyone.  The Discovery group is also note worthy, as they are not going to waste their time for stock options if they don't see potential for appreciation in the project.  Not sure they even got options...?  Regardless, the company is seasonally out of step in my view but maybe they will drill in the near future.  Down side from here...?  gl
Comment by Lock12345 on Oct 16, 2019 10:28am
Check out: https://www.discoverygroup.ca/companies/ Most on this list are sucking pretty badly except for Great Bear which is their darling.  I think they got lucky...no different than other junior mining execs from the past who struck gold (figuratively and literally) and made themselves wealthy. Lock12345
Comment by Mustlovedogs01 on Oct 16, 2019 8:59pm
I'm not sure what you expect of a penny stock?  It should come as no surprise that it is high risk and like all stocks they will move as things develope, up or down.  Again, when I see insiders putting large amounts of their own money in the game, ( over $100,000 by Jeff),  it is the best indicator that management is serious and believes in the  project.  It boils down ...more  
Comment by Lock12345 on Oct 17, 2019 4:40pm
I have been here a while (2+ years) invested in GIS and have been patient to say the least.  Was led to believe that this stock was going to move in late 2017 or 2018 at the latest. Obviously that did not happen. In the penny stock game your window of opportunity is small, very small, and when you don't execute the plan in short order, the money goes elsewehere. I agree with one of your ...more  
Comment by seinfeld1 on Oct 17, 2019 4:53pm
Respectfully, I agree with dogs. Your facts as they relate to timing of the drill program is very wrong from my understanding.  It can be frustrating to wait for anything, certainly when it relates to investing.  However, I am hopeful that with Jeff in the drivers seat, coupled with his past successes, we won't be sitting in this price range a year from now.  My experience ...more  
Comment by Lock12345 on Oct 17, 2019 11:06pm
I hope you are proven right seinfeld1 about my timing of the drill program being wrong but I have been here a while (2+ years, actually owned it when it was Entourage) and I have been proven right, regretfully, with my calls about execution as management has been slow to act and make things happen.  With Groves leaving (asked to leave actually), that was a good step and bringing in the ...more  
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