/biz/ - Business & Finance

>>25357364

>how come Genesis Metals' last drilling results are from 2017?

They aren't. See text in my picture, where I introduced them. They had excellent results only a few months ago. Even as somebody who is virtually all-in on silver stocks, I couldn't resist buying GIS.

>>25350136

Have looked through the chat for the past year, a lot of somewhat credible people are enthusiastic about it. Seems like one of those stocks that you throw some money into as a gamble, might absolutely soar and become the next Wallbridge, or might not do very much. Also, as some people point out, these kinds of companies can soar in a bull market even if they don't find very much.

"Mark keeps pounding this but hes right, last bull market, companies with absolutely nothing going on were getting $1 Billion MCs. I really believe that TOE with the Sky Lake property has the potential for something substantial and when the bull market takes off, those that entered in at this price point are going to be laughing. I got into $WM when it was at $0.04 and it really was a spec play at the time and when they picked up Fenelon from $BAR it was still a spec play before it took off. You HAVE to see the potential to get a stock at this stage and watch it grow."

Pizdets quotes their previous drill results and points out that "They were all dusters, the best they had was 1 g/t over 1 meter."

https://ceo.ca/toe?0b90037ee094

@MarkHanna angrily replies to this and protests that Sky Lake is what really matters. You have to be careful with him; he angrily pumped Wallbridge all the way to the bottom this year. @AlohaGold88 has the most reasonable assessment:

"Myself I bought TOE for Sky Lake property and the lack of exploration to any depth as well as for Bob's talents. It is a spec play for sure, but with Osisko jumping on board that gives TOE a vote of confidence. Also with the share structure so tightly held by long term holders TOE has the ability to have explosive moves on good NR."

GIS would have been a much better buy than this when it was at an $11 million mcap, because that company had better proven results, but it's slightly more expensive now, so you might not be so interested in it. I'd rather double down on SSE than buy TOE.