Investing

Canadian Small caps and Penny stocks

  • Last Updated:
  • Jan 23rd, 2021 12:10 pm
Tags:
None
Deal Addict
User avatar
Feb 6, 2012
4907 posts
394 upvotes
Gloucester, Canada
cfcbug wrote: Anyone here has QYOU.V? I believe it’s a 10 bagger potential. Please take a look and let me know what you think.
been monitoring it. Saw them on some youtube video when they were 0.03 .. Still don't know enough about them to jump on it
Zoomer Wireless & Public Mobile customer
Newbie
Jul 25, 2013
5 posts
1 upvote
Lostwords wrote: been monitoring it. Saw them on some youtube video when they were 0.03 .. Still don't know enough about them to jump on it
I watched some YouTube interview and bought some at .006 and bought more at .11 two days ago. I am some profit now but not sure should keep holding.
Member
Nov 30, 2015
261 posts
277 upvotes
Hamilton, ON
MN finally showing signs of life again. Up 40% on strong results from their investigations. I made some good profits trading it a few months back but then was left bag holding for a while when my stoploss didn't execute. I'm only up around 10% now.
Sr. Member
Sep 28, 2006
734 posts
150 upvotes
Toronto
GroverTime wrote: MN finally showing signs of life again. Up 40% on strong results from their investigations. I made some good profits trading it a few months back but then was left bag holding for a while when my stoploss didn't execute. I'm only up around 10% now.
I came across this company last night and I'm trying to figure out whether their idea of manganese will replace the colbolt in ev battery is even viable? I can't really come across any articles about the usage of manganese except from news release of this company. Any feedback would be appreciated.
Jr. Member
Jan 5, 2015
111 posts
104 upvotes
Toronto, ON
kkl1208 wrote: I came across this company last night and I'm trying to figure out whether their idea of manganese will replace the colbolt in ev battery is even viable? I can't really come across any articles about the usage of manganese except from news release of this company. Any feedback would be appreciated.
There's this blog that cites some graphs from UBS estimates but I can't find any direct links to their sources. It's also from 2019.
http://min-eng.blogspot.com/2019/07/is- ... nable.html

Image
Image

It does make sense though considering a lot of manganese is already being mined for steel production and other purposes. The demand increase from battery packs would be relatively tiny.

I don't have anything good to say about MN.V itself from what I've looked into previously
Deal Fanatic
Oct 7, 2010
9404 posts
1450 upvotes
notenoughsleep wrote: MEAT.CN Astonished Face

https://thedeepdive.ca/modern-meat-post ... -of-82144/

Modern Meat (CSE: MEAT) last night quietly filed its year end financial statements for the period ended August 31, 2020. The filings reveal that the company managed to generate revenues of $82,144 for the full fiscal year, of which $57,914 came from the fourth quarter. The company meanwhile managed to post a net loss of $5.2 million for the year, of which $4.7 million was attributable to the fourth quarter, largely due to listing expenses of $3.4 million.
Is this good or bad?
Deal Fanatic
May 22, 2003
5573 posts
2664 upvotes
Vancouver
spike1128 wrote: Is this good or bad?
Company with market cap of 100m+ has annual revenue less than my annual income. I'll let you be the judge of that Winking Face
Deal Addict
User avatar
Nov 15, 2013
1842 posts
1659 upvotes
Toronto, ON
notenoughsleep wrote: Company with market cap of 100m+ has annual revenue less than my annual income. I'll let you be the judge of that Winking Face
Amazon famously lost money for its first 17 straight quarters as a public company, bleeding a combined $2.8 billion. Once Amazon did start making money, it made very little of it.
Jr. Member
Jan 5, 2015
111 posts
104 upvotes
Toronto, ON
Wrestlemania wrote: Amazon famously lost money for its first 17 straight quarters as a public company, bleeding a combined $2.8 billion. Once Amazon did start making money, it made very little of it.
He's talking about revenues though. Amazon had a pretty reasonable price-to-sales ratio across the past two decades. They could have shifted into profitability sooner if they wanted to, but obviously everyone would rather see the resources continue to be put into growth
Deal Fanatic
Oct 7, 2010
9404 posts
1450 upvotes
notenoughsleep wrote: Company with market cap of 100m+ has annual revenue less than my annual income. I'll let you be the judge of that Winking Face
Hahaha. Buying small cap is about taking huge risks. When the stock goes from 4 to 20, people will say they made an amazing investment call. This is what I hate when I talk to my real life colleagues and acquaintances. Everyone somehow become some sorta expert. These food stocks I not really invested to invest in the first place.

Top