Penny Stocks on NASDAQ/NYSE/TSX
Not all penny mining stocks are exploratory companies. Fiore Gold (OTC: FIOGF) has one operating gold mine in Nevada, and is preparing to get another one into operation in the next year or so. They produced and sold almost 12,000 ounces of gold this past quarter for a net profit of $4 million or $.04 per share. Yet, their stock is currently selling for .83, close to their low for the year (.74). If they were a small pharmaceutical company, that kind of return would probably have their stock valued around $4-5, at least.
I believe that investors are nervous because of the recent fluctuations in precious metals prices, so it's keeping many mining share prices low even though these companies are making some solid returns. I would guess that if precious metals prices hold steady for awhile, some of these smaller companies whose shares are close to their 52-week lows may see a good rebound in their valuations. At least, that's what I'm hoping for.
I believe that investors are nervous because of the recent fluctuations in precious metals prices, so it's keeping many mining share prices low even though these companies are making some solid returns. I would guess that if precious metals prices hold steady for awhile, some of these smaller companies whose shares are close to their 52-week lows may see a good rebound in their valuations. At least, that's what I'm hoping for.
I believe I may have mentioned Globalstar (GSAT) earlier in this thread. That company spent billions putting telephone satellites in orbit that apparently hardly anyone uses. Their stock has traded around $1-1.45 for the past six months or so. I considered buying some just out of pure speculation, but ultimately didn't pull the trigger.
Apple announced yesterday that they're planning on putting satellite comm capability in their phones starting as early as next year and may use Globalstar's system for the backbone. In response, GSAT's price jumped from 1.43 to 2.35 yesterday, but fell back to 1.99 today. I'm not sure what the potential really is for GSAT's valuation based on this development, but I thought I'd put it out there.
Apple announced yesterday that they're planning on putting satellite comm capability in their phones starting as early as next year and may use Globalstar's system for the backbone. In response, GSAT's price jumped from 1.43 to 2.35 yesterday, but fell back to 1.99 today. I'm not sure what the potential really is for GSAT's valuation based on this development, but I thought I'd put it out there.
From the discord group I'm a member of I am as well as month of my own DD, I am extremely confident in PHIL as a long term hold. I 100% think this company will be uplisting to the NASDAQ or NYSE in a few years. The DD behind the scenes is just massive. And a huge share BB is ongoing.
Just take a look at the revenue generated by the Dubai and Antwerp diamond exchanges. Then consider PHIL wants to replicate that with the Asian Diamond Exchange. The people who created the Dubai diamond exchange are working with PHIL.
PHIL will get a cut of every ADE transaction and is buying the 600 hectares it will be built on.
Then the Lux Fund expects 5-10B in contracts in a few years.
Never mind all the other subsidiaries.
Do your DD.
Just take a look at the revenue generated by the Dubai and Antwerp diamond exchanges. Then consider PHIL wants to replicate that with the Asian Diamond Exchange. The people who created the Dubai diamond exchange are working with PHIL.
https://www.dmcc.ae/news/dmcc-unveils-new-dubai-diamond-exchange-largest-diamond-trading-floor-world
PHIL will get a cut of every ADE transaction and is buying the 600 hectares it will be built on.
Then the Lux Fund expects 5-10B in contracts in a few years.
Never mind all the other subsidiaries.
Do your DD.
You’re a good man rainy!!!
I mentioned earlier that I thought out of all the junior biopharma stocks on the NASDAQ, two with good potential were Citius (CTXR) and aTyr (LIFE). ATyr popped today when they announced that one of their drugs passed it's 1b/2a trial. It was up about $2.50 from 6.50 to 8.10.
It will initiate a full phase 2/2b trial which will probably take a year or two to produce any results, so their stock will probably eventually drop in price as investors get bored waiting for their next results report. If it drops back down to around $4.00, which is where I previously bought the shares that I'm holding, I'll probably buy some more.
Another one I profiled earlier in this thread, Bellus (BLU) also reported positive interim results from one of its drugs in a phase 2b trial. Its share price was up .60 to 4.52.
It will initiate a full phase 2/2b trial which will probably take a year or two to produce any results, so their stock will probably eventually drop in price as investors get bored waiting for their next results report. If it drops back down to around $4.00, which is where I previously bought the shares that I'm holding, I'll probably buy some more.
Another one I profiled earlier in this thread, Bellus (BLU) also reported positive interim results from one of its drugs in a phase 2b trial. Its share price was up .60 to 4.52.
Last edited:
IQVIA and NRx Pharmaceuticals Collaborate on Potential Medical Support for Novel COVID-19 Treatment
IQVIA™ (NYSE:IQV), a leading global provider of advanced analytics, technology solutions and clinical research services to the life sciences industry,
www.businesswire.com
This is the most recent PR.
With PHIL we know about the Lux Fund which will be worth billions, the Asian Diamond Exchange which will be worth many billions, Vinafilms with estimated annual revenues of 100-200K but we need to see the 10K for confirmation.
But huge news now. PHIL is purchasing a 70% ownership stake in Five Grain Treasure Spirits at a valuation of 100M USD. Five Grain supplies Kweichow Moutai which is the largest alcohol company in the world. Both are based in China. For reference Moutai which Five Grain supplies is worth 5X as much as Coca Cola.
www.globenewswire.com
This may or may not run hard today but I don't care. The market will eventually adjust to what PHIL is doing and it will be worth far more down the road. What other company has stuff like this in its pipeline and is currently trading under a penny. PHIL is also a M&A company and we're slowly seeing the evidence it will have a billion+ USD in revenue down the road.
But huge news now. PHIL is purchasing a 70% ownership stake in Five Grain Treasure Spirits at a valuation of 100M USD. Five Grain supplies Kweichow Moutai which is the largest alcohol company in the world. Both are based in China. For reference Moutai which Five Grain supplies is worth 5X as much as Coca Cola.
PHI Group Signs MOU to Acquire Majority Ownership in a Baijiu (“bye-joe”) Distiller
New York, Sept. 17, 2021 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), a diversified holding company currently engaged in PHILUX Global...
This may or may not run hard today but I don't care. The market will eventually adjust to what PHIL is doing and it will be worth far more down the road. What other company has stuff like this in its pipeline and is currently trading under a penny. PHIL is also a M&A company and we're slowly seeing the evidence it will have a billion+ USD in revenue down the road.
I've been doing a lot of DD tonight. I think my favorite new entry might be AXTG. News will be dropping in Oct so now is the time to get in. While I do trips to pennies sometimes I'm also looking more towards pennies to dollars.
To get you started....I've found a fair amount more but any investor should begin by digging in themselves.
To get you started....I've found a fair amount more but any investor should begin by digging in themselves.
Besides PHIL and TGGI, how do you feel about some of the others you've mentioned this year? HCMC,NOHO, UBQU, FTEG, INCT, etc. have taken a bit of a beating - good time to get in if you're not, or good time to cash out if you are?
Yeah I'm still in some of them. I will say something I did not expect was the amount of manipulation from the MM's on the OTC after GMC. But I learned a lot.
NOHO- Will wait. It's a merger. I'm on free shares after it ran in Aug.
UBQU- Still in. My average is .0004 so won't take much to make profit. First filings in two years dropped today. But I'll exit after it runs.
FTEG- Still in
AZFL- Have added more. Yesterday actually as I think it bottomed. This will be a good company. But it's a long hold.
PHIL and TGGI I'm heavy in. The others I got out but what can I say, I like the game and the hunt on the OTC.
I love seeing what you see below. Getting in in the .002's and later seeing the run. 700%+ and the PR's aren't even dropping.
It's always a risk at the bottom of the OTC. But my gains from PHIL and TGGI have covered my losses many times over.
I've focused more on mergers and/or strong multi-catalyst companies of late. IKTO, PBYA, JPEX I'm in. ETEK is a confirmed merger which I think will run. AZFL I think runs like TGGI at some point and then well beyond.
There's about 13K tickers on the OTC and roughly 10K won't be traded next Tue as they aren't current. A lot of money will be funneled into the 3K which are. If you look at most 52 week highs it was last winter. So I'm investing and holding thru the winter while taking profits and reinvesting.
I think the safest plays are the upcoming mergers sitting above a penny. JPEX, OCLG, KRFG, FBCD, etc. IKTO another. I like ASTA a lot even though I don't have a position in it. I think stocks like these go 5-10X over the fall/winter.
@FrancisK I know you like to swing PHIL. Be on the lookout this week. Impossible to know if it will happen but getting word a large P&D group might pump it. If the stock price starts shooting up on Mon/Tue without news, it's this group pumping. They were heavy in the pump to 2 cents a couple months ago.
Also the 10K should drop either this week or next. So expect a run either way due to anticipation. Might buy to get in pre-news and hold for the outcome. Good luck.
Also the 10K should drop either this week or next. So expect a run either way due to anticipation. Might buy to get in pre-news and hold for the outcome. Good luck.
Last edited:
I'm actually glad PHIL didn't get pumped. Just churning sideways until the next PR.
Good news with everything bad going on in the world is that the OTC market is definitely heating up as it did last fall-winter.
TGGI- 400%+ and was over 800%
ETEK- 225%+
PUGE- 200%+
JPEX- 300%+
SDVI- 100%+
And we're just entering the bull season. I think SDVI might be one of the next runners once current. Volume and filings suggest it. Not even pink limited yet and it has tripled in price in a few days. ETEK is consolidating nicely before its next run up to a penny IMO.
PHIL 10K due next week.
This is why I love the OTC when it gets hot. Find companies with future PR/catalysts, get in early, wait for the run, take profits and repeat.
If this year is anything like last there are going to be a lot of runners in the next few months. With the scarcity due to the SEC regs I think most pink current trips with catalysts will run at some point. The money has to funnel somewhere. Can see it on the charts. The volume and accumulation.
Always risk involved! I got into FTXP today. Gas/oil. PR/filings. Catalysts. Good luck.
Good news with everything bad going on in the world is that the OTC market is definitely heating up as it did last fall-winter.
TGGI- 400%+ and was over 800%
ETEK- 225%+
PUGE- 200%+
JPEX- 300%+
SDVI- 100%+
And we're just entering the bull season. I think SDVI might be one of the next runners once current. Volume and filings suggest it. Not even pink limited yet and it has tripled in price in a few days. ETEK is consolidating nicely before its next run up to a penny IMO.
PHIL 10K due next week.
This is why I love the OTC when it gets hot. Find companies with future PR/catalysts, get in early, wait for the run, take profits and repeat.
If this year is anything like last there are going to be a lot of runners in the next few months. With the scarcity due to the SEC regs I think most pink current trips with catalysts will run at some point. The money has to funnel somewhere. Can see it on the charts. The volume and accumulation.
Always risk involved! I got into FTXP today. Gas/oil. PR/filings. Catalysts. Good luck.