The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE! Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. | | |
02-10-2011, 11:17 AM
|
#3176 | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
| Quote:
Originally Posted by highfive Check out FEB. A yeast chemical company. Resolves quality problems in any food products that requires yeast such as alcohol (wines) and baking to even frying. They have a research program currently with UBC too. | http://www.digitaljournal.com/pr/219826
Received FDA GRAS designation. Not required to sell their hydrogen sulphide reducing yeast but still a good thing for the stock.
|
| |
02-10-2011, 11:25 AM
|
#3177 | RS controls my life!
Join Date: Apr 2006
Posts: 722
Thanked 143 Times in 15 Posts
Failed 5 Times in 3 Posts
|
XME.V on the move up +.07 and supposedly has more potential to go up further and Insiders own 20% with 69 million shares fully diluted.
Last edited by mas604; 02-10-2011 at 11:36 AM.
|
| |
02-10-2011, 12:03 PM
|
#3178 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
| |
| |
02-10-2011, 12:05 PM
|
#3179 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
| Quote:
Originally Posted by strykn | what did you guys think??
|
| |
02-10-2011, 12:23 PM
|
#3180 | 14 dolla balla aint got nothing on me!
Join Date: Jan 2004 Location: Burnaby
Posts: 624
Thanked 48 Times in 26 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by gdoh what did you guys think?? | Looks good, but the shares have dropped today :S Posted via RS Mobile |
| |
02-10-2011, 12:31 PM
|
#3181 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
|
yea but thats typical of the stock and most others to drop on news unless its something huge.... i think its all good weve gone up quit a bit for about a month so its a little correction.. if it drops a little i will consider picking up more =]
|
| |
02-10-2011, 12:51 PM
|
#3182 | RS controls my life!
Join Date: Apr 2008 Location: yvr
Posts: 732
Thanked 30 Times in 28 Posts
Failed 11 Times in 5 Posts
|
Newb here but doesn't the NVT NR points to possible share offering to buy those potential properties and therefore the drop?
__________________ Quote:
Originally Posted by HollyZ32 you seen my pie live!
straight up nasty right right!!!!!!!!!!!!!!!!!!! lol | Quote:
Originally Posted by HollyZ32 Thats because you end up getting creepy pie like mine that makes you not want to eat it hha ...thats why its cheap ... | |
| |
02-10-2011, 12:56 PM
|
#3183 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
| Quote:
Originally Posted by civicyvr Newb here but doesn't the NVT NR points to possible share offering to buy those potential properties and therefore the drop? | explain more
|
| |
02-10-2011, 01:01 PM
|
#3184 | RS controls my life!
Join Date: Apr 2008 Location: yvr
Posts: 732
Thanked 30 Times in 28 Posts
Failed 11 Times in 5 Posts
|
Well, the way I read it, they don't own the properties yet so don't they need capital to buy/explore?
__________________ Quote:
Originally Posted by HollyZ32 you seen my pie live!
straight up nasty right right!!!!!!!!!!!!!!!!!!! lol | Quote:
Originally Posted by HollyZ32 Thats because you end up getting creepy pie like mine that makes you not want to eat it hha ...thats why its cheap ... | |
| |
02-10-2011, 01:09 PM
|
#3185 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
|
i read it as they are awaiting approval to begin working on the properties
"Further details on the location of the properties and modes of occurrence of the mineralization will be released upon receipt of approval from the mining authorities. "
|
| |
02-10-2011, 08:46 PM
|
#3186 | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
|
hey gdoh, what is your target for min.v? i've done some dd and i think this has potential to have some pretty significant upside. current market cap at only ~30M with almost 5B lbs of copper, pretty damn cheap if you ask me
also, have you heard of ymi.v? copper play in bc with about 4B lbs of copper and ~60M market cap. could this be the next copper mountain or taseko? thats a 10 bagger from these levels if it were to achieve what copper mountain has become, that is to go into production.
question is, which one is most likely to go into production? I kinda like min.v more as it is close to HDI's property in arizona, and as well all know, HDI has a pretty good track record with bringing mines to production.
Last edited by leilomo; 02-11-2011 at 12:10 AM.
|
| |
02-11-2011, 08:18 AM
|
#3187 | Need my Daily Fix of RS
Join Date: Sep 2002 Location: van
Posts: 252
Thanked 17 Times in 12 Posts
Failed 1 Time in 1 Post
|
Looks like Mubarak stepped down. Posted via RS Mobile |
| |
02-11-2011, 08:22 AM
|
#3188 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
| Quote:
Originally Posted by leilomo hey gdoh, what is your target for min.v? i've done some dd and i think this has potential to have some pretty significant upside. current market cap at only ~30M with almost 5B lbs of copper, pretty damn cheap if you ask me
also, have you heard of ymi.v? copper play in bc with about 4B lbs of copper and ~60M market cap. could this be the next copper mountain or taseko? thats a 10 bagger from these levels if it were to achieve what copper mountain has become, that is to go into production.
question is, which one is most likely to go into production? I kinda like min.v more as it is close to HDI's property in arizona, and as well all know, HDI has a pretty good track record with bringing mines to production. | i would thinnk MIN would do a couple bucks
YMI is too much i only play penny stocks, but i will look at it =]
but i also think CCY is comparable to CUM and at a relatively cheap price atm
YMI meh to much got a better chance with MIN or CCY imo
i hear the SNO is ready to go here shortly and keep an eye on LG
Last edited by gdoh; 02-11-2011 at 08:49 AM.
|
| |
02-11-2011, 10:14 AM
|
#3189 | I STILL don't get it
Join Date: Sep 2005 Location: vancouver
Posts: 470
Thanked 26 Times in 11 Posts
Failed 3 Times in 2 Posts
|
I thought the better indicator was market cap and not the actual price of the stock. in this case, YMI is only around 60M which is still pretty small
also, i took a look at ccy...i think i like MIN better. proven resources at a lower market cap.
|
| |
02-11-2011, 05:03 PM
|
#3190 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
| Quote:
Originally Posted by leilomo I thought the better indicator was market cap and not the actual price of the stock. in this case, YMI is only around 60M which is still pretty small
also, i took a look at ccy...i think i like MIN better. proven resources at a lower market cap. | not just market cap, market cap + float
|
| |
02-11-2011, 11:30 PM
|
#3191 | 14 dolla balla aint got nothing on me!
Join Date: Sep 2008 Location: richmond
Posts: 676
Thanked 280 Times in 59 Posts
Failed 71 Times in 17 Posts
|
noob question here.
I know issuing new shares causes dilution and may decrease the PPS of a stock. What about new issuance of warrants and options though? How does that affect PPS?
|
| |
02-14-2011, 05:59 PM
|
#3192 | Diagonally parked in a parallel universe
Join Date: Dec 2001 Location: Vancouver
Posts: 1,401
Thanked 84 Times in 33 Posts
Failed 7 Times in 4 Posts
| Quote:
Originally Posted by t8v6 noob question here.
I know issuing new shares causes dilution and may decrease the PPS of a stock. What about new issuance of warrants and options though? How does that affect PPS? | New share offering isn't necessary dilutive. Technically, an offering is defined as dilutive if the end result is a decrease in EPS. If the return from the funds raised through the offering is used in an investment that is greater than the firm's subsequent WACC, it would be accretive. In addition, an equity offering may move the firm to a more optimal capital structure that results in a lower WACC; consequently, that would also be accretive.
|
| |
02-15-2011, 09:30 AM
|
#3193 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
|
Any recent thoughts on TD waterhouse directinvesting?
its $29/trade for under 30 trades/quarter
any others I should be looking at? Thanx
|
| |
02-15-2011, 11:38 AM
|
#3194 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
|
Check out Qtrade Investor. They are local based here in Vancouver. Commission is $9.95/trade if you have more than $50,000 in assets. 150+ trades per quarter qualifies you for $7/trade. Account opening was super easy; it took me no more than 10 minutes.
|
| |
02-15-2011, 11:44 AM
|
#3195 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
| Quote:
Originally Posted by Carl Johnson Check out Qtrade Investor. They are local based here in Vancouver. Commission is $9.95/trade if you have more than $50,000 in assets. 150+ trades per quarter qualifies you for $7/trade. Account opening was super easy; it took me no more than 10 minutes. | Thanks
I wont be putting in $50k, and wont be doing 150+ trades/quarter.
For TD waterhouse, its $9.99/trade when you make over 30 trades/quarter.
I guess $29/trade for a fairly inactive account is about right.
|
| |
02-15-2011, 11:45 AM
|
#3196 | 14 dolla balla aint got nothing on me!
Join Date: Sep 2008 Location: richmond
Posts: 676
Thanked 280 Times in 59 Posts
Failed 71 Times in 17 Posts
|
just bought into encanto potash corp (EPO), a junior corp with around 132mil market cap. NI 43-101 report is due in a few days and past news claims they have resources that are on par with those of Potash One or even better.
Also looking to buy into aurcana corp (AUN), a producing silver company with a 227mil market cap. They just commenced construction on their second mine and production for their currently producing mine is expected to increase substantially this year. Will wait for the dip on this one before buying in.
|
| |
02-15-2011, 11:59 AM
|
#3197 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
| Quote:
Originally Posted by van_driver Thanks
I wont be putting in $50k, and wont be doing 150+ trades/quarter.
For TD waterhouse, its $9.99/trade when you make over 30 trades/quarter.
I guess $29/trade for a fairly inactive account is about right. | You can also try Questrade. Commission is from $4.95 to $9.95 depending on how many shares. An order of 500 shares is $5, anything above 1000 shares you are capped at $9.95. I have used electronic fund transfer (EFT) to move money out of Questrade account to my bank account. Usually it takes 2 business day.
I don't particular fancy their platform because I trade often. But if you just trade occasionally, it might be okay for you. By the way $29/trade to place an order is quite bit of money and overtime it eats into your return. Any time you can reduce slippage you should do it.
|
| |
02-15-2011, 12:03 PM
|
#3198 | F**K YOUR HEAD
Join Date: Apr 2009 Location: vancouver
Posts: 8,718
Thanked 8,153 Times in 1,251 Posts
Failed 643 Times in 181 Posts
| Quote:
Originally Posted by van_driver Any recent thoughts on TD waterhouse directinvesting?
its $29/trade for under 30 trades/quarter
any others I should be looking at? Thanx | I'm using it right now, it's great if you need to transfer money fast but the commission is quite rape, I would've saved thousands over the years using a different company
Anyways, has anyone been looking at WMT (West mountain capital) They are fairly low in debt and very small. It's a growing market I assume and they have patents (pollution prevention, treatment of polluted soil etc)
|
| |
02-15-2011, 12:06 PM
|
#3199 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
| Quote:
Originally Posted by Carl Johnson You can also try Questrade. Commission is from $4.95 to $9.95 depending on how many shares. An order of 500 shares is $5, anything above 1000 shares you are capped at $9.95. I have used electronic fund transfer (EFT) to move money out of Questrade account to my bank account. Usually it takes 2 business day.
I don't particular fancy their platform because I trade often. But if you just trade occasionally, it might be okay for you. By the way $29/trade to place an order is quite bit of money and overtime it eats into your return. Any time you can reduce slippage you should do it. | I'm thinking about starting with low amount of shares, less then 500.
QTrade is about $19 + $4 for below $50k accounts and inactive trading so about $6 cheaper then TD.
Im just researching Questrade, they really beat around the bush when
it comes to commissions and fees.
Also, QTrade charges $50 a year in addition to commissions if your
account is less then $15,000.
|
| |
02-15-2011, 12:25 PM
|
#3200 | I *Fwap* *Fwap* *Fwap* to RS
Join Date: Aug 2007 Location: Internet
Posts: 1,564
Thanked 572 Times in 130 Posts
Failed 154 Times in 35 Posts
|
Just got off the phone from Questrade and looks like it takes the cake.
1 cent per share, minimum $4.95, maximum $9.95, no minimum asset requirement,
no minimum shares requirement.
Guy on the phone was super helpful, sent me an email with his contact info and gave me all the details I needed.
Let's see how it goes with them.
Thanx again Carl Johnson
edit: fuuuuuuuuuuuuuuuu googled it and their reviews are shit!
Last edited by van_driver; 02-15-2011 at 12:40 PM.
|
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT -8. The time now is 07:10 AM. |