Member Info for Mattybuoy

https://www.tradingview.com/symbols/OTC-ITEEF/

US brokers can trade foreign stocks on the Pink Sheets without the company having anything to do with it. It's not a proper listing more like an ad-hoc trading facility.

It's pretty much a no-brainer unless oil and gas prices take a massive dive, which seems unlikely at this point.

The Youtube guy also has a website. There is some good stuff on there.

I particularly like this page, the entire Canadian Oil Patch at a glance ...

https://www.whitetundra.ca/intelligence-suite

Headwater Exploration is the leading company in the Clearwater area. It was spun out of Cenovus a few years back.

Production of c.12,000 boed and a market cap of $1.6bn CAD (c.£900m).

Here is their latest quarterly:

https://stockhouse.com/news/press-releases/2022/02/01/headwater-exploration-inc-announces-exploration-success-fourth-quarter

This is a factor I have not seen mentioned before ...

Amongst other things I3E is active in the Clearwater (or Marten Hills) area of Alberta.

This region is probably the hottest play in Canadian oil right now. The reason is the well economics. Flow rates may not at face value look huge but these wells payout in super-quick time and the IRRs can be out of this world.

The article below explains much (though I3E not mentioned specifically).

https://oilandgas-investments.com/2021/investing/the-first-new-north-american-oil-play-in-a-decade-the-clearwater/

Enjoy :)

Monthly dividends used to be the norm for oil and gas companies in Canada. Take a look at the example news trail below for what this looks like. There aren't any special dividends, the company will just crank the number up or down based on cash flows.

https://stockhouse.com/companies/news?symbol=t.wcp

Platreef

Ivanhoe's Platfreef mine has well over 1bn tonnes at 2g/t 3E PGMs plus 0.4% nickel. It's at 700m and the capex is definitely non-trivial.

I really like this. It shows you don't need super-high grades to go deep as long as the deposit is big enough.

PGEs mentioned by BT in a tweet.

"We’re particularly interested in what the fire assays might reveal for PGEs. It’s just a feeling right now but does look like a fruitful lead to pursue"

It's the Bushveld peeps, or at least it's distant cousin :-)

How deep do they go in the Bushveld?

I would say that this looks more like the Bushveld than Noril'sk (on a totally clueless basis obviously).

This is how you do it.

https://app.sharelinktechnologies.com/announcement/asx/110135b4fca07af056b94e461040fe9b

From Conico Ltd, an ASX company exploring in Greenland.

Thank you Ella, that is a great link.

"Bleb" is such a cool word.

KeithOZ may correct me but I don't think that "globules" really fits with any of the four types of sulphides that are commonly referred to.

My totally amateurish understanding:-

Disseminated - small specks of gold colour
Net-textured - patchy or streaky (not quite solid) gold colour
Semi-massive - solid gold colour but a minority of the rock
Massive - majority of the rock is solid gold colour

I found it a bit frustrating in the recent RNS where no adjectives were attached to the word "sulphides". Usually you get "disseminated", "net-textured", "semi-massive", "massive" or more usually a combination of those words.

Take a look at this - http://northern-shield.com/wp-content/uploads/Fact-Sheet_Idefix-Nov-2015_Combined.pdf - note, this was found via Google I know nothing about the company involved.

There are some pictures at the bottom of the first page of globules of sulphide which are supposedly found "adjacent" to the massive sulphides at Norilsk.

Perhaps this is what they have seen?

It's bot spam. Ignore.

Who knows maybe it's more like the Bushveld than Norilsk? That would be a bummer wouldn't it . LOL

So ... Who is heavily into PGMs and also has a massive presence in Botswana?

https://www.angloamerican.com

The obvious partner IMO.

You always get a bit of gold with PGMs.

I have been watching the action at another un-named website. The buying is relentless, and unlike on the LSE you can safely assume that trades on or around the offer price actually are buys.

I have just done some blatant ramping on Stocktwits, where there now 60 watchers. The thread was only started yesterday.

Yep. Things are picking up :-)