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07-06-2011, 11:16 AM
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#4426 | | My homepage has been set to RS
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Anybody know who was/were the buyer(s) for that ~100k share at around 115 EST ?
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07-06-2011, 11:17 AM
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#4427 | | My homepage has been set to RS
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I took some profits on cuu a little while back. Got most of my shares at .475 last august. I remember for a few months there was no activity in the .70s then once it past $1 it seemed to take off. I still have some but not as much. It's hard to wait but CUU has held up really well compared to others and how quickly it ran up. I'm in for FS just to see what happens.
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07-06-2011, 11:55 AM
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#4428 | | I contribute to threads in the offtopic forum
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Originally Posted by DOHCVTEC  Yeah, although I'm familiar with the overall situation surrounding CUU, I just can't keep my money stuck between $2-2.15 for weeks on end. Plus if it was such a sure bet, then I'm sure you would agree with me that the SP should be much higher than it is right now. I hope CUU succeeds, though. It seems like a lot of people, particularly on the SH boards, are betting big on CUU. Moreover, that SC development would be a good thing for our BC economy too. All the best! | fair enough, that profit is profit, and NOTHING is a sure bet, but when you look at the value of the company with what is 'expected' to be in the ground & feasible at these prices, I just 'know' as much as anyone can 'know' that the price will have to come up, otherwsie you'd have $x billion value in the ground (discounted to today's dollars) at a market cap of way less than that.
BUt i agree, I wish it'd just hurry up and happen already, I already have big plans for this money, and am at my limit for amounts I want to margin against (to be honest, i want to marigin 0%, but that's just not realistic for young, greedy ppl!)
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07-06-2011, 12:41 PM
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#4429 | | My homepage has been set to RS
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Stifel buying CUU shares again, hrmmm
Also, I have a feeling there'll be a news release tomorrow or Thursday
Last edited by shawnly1000; 07-06-2011 at 01:10 PM.
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07-06-2011, 01:46 PM
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#4430 | | I *heart* Revscene.net very Muchie
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after the RE i'm waiting a couple days for the SP to come upm then dumping a majority and waiting for it to come back down again (as we all know it will after the hype) and wait for the FS or get into some other stocks
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07-06-2011, 05:18 PM
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#4431 | | Revscene.net has a homepage?!
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vtr jumped 14%
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07-06-2011, 06:39 PM
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#4432 | | Need my Daily Fix of RS
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Originally Posted by shawnly1000 Anybody know who was/were the buyer(s) for that ~100k share at around 115 EST ? | that was Stifel aka teck. I believe stifel + anonymous 1 + cibc are just selling to each other to keep the sp down.
supposedly NR tmrw
Last edited by aznl3oi; 07-06-2011 at 06:44 PM.
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07-06-2011, 06:59 PM
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#4433 | | I contribute to threads in the offtopic forum
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Originally Posted by aznl3oi that was Stifel aka teck. I believe stifel + anonymous 1 + cibc are just selling to each other to keep the sp down.
supposedly NR tmrw | NR tomorrow based on what?
i make investment decisions based on fact, so i hate it when ppl come out and make wild claims... if its your gut feelings say so, if its based on something else, please say so too!
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07-06-2011, 10:26 PM
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#4434 | | I *heart* Revscene.net very Muchie
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Originally Posted by 4444 NR tomorrow based on what?
i make investment decisions based on fact, so i hate it when ppl come out and make wild claims... if its your gut feelings say so, if its based on something else, please say so too! | My magical lamp is telling me the same thing  | |
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07-07-2011, 07:06 AM
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#4435 | | Need my Daily Fix of RS
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Originally Posted by strykn My magical lamp is telling me the same thing | That's what scared me out of CUU. Everyone is so bullish about it, proposing buyout targets ranging from $6 to $20. All that for a stock that several months ago was trading for $0.10 (the original RE showed all that copper even back then, nothing has fundamentally changed). In fact, most of the insiders got their shares for $0.10.
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07-07-2011, 09:39 AM
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#4436 | | I contribute to threads in the offtopic forum
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^ I felt the same way originally. But at a negative cost to mine 8 billion pounds of copper, it's too much value to ignore. Especially the option agreement Teck got themselves into. When CUU is able to present the FS out, Teck would have to decide what to do with CUU or they will lose out on this potential mine to another buyer. The only risk I see right now is CUU is unable to finish the FS due to costs or anything else. But from the last new releases, getting funds is actually not a problem at all for CUU.
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07-07-2011, 10:16 AM
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#4437 | | I contribute to threads in the offtopic forum
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Originally Posted by DOHCVTEC That's what scared me out of CUU. Everyone is so bullish about it, proposing buyout targets ranging from $6 to $20. All that for a stock that several months ago was trading for $0.10 (the original RE showed all that copper even back then, nothing has fundamentally changed). In fact, most of the insiders got their shares for $0.10. | i disagree about the RE, with technology and mining changes there may be WAY more reserves there - the resource may be the same, but closer inspection with known technologies and higher copper prices may mean that the reserve is significantly larger than was previously calculated.
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07-07-2011, 10:58 AM
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#4438 | | Need my Daily Fix of RS
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Originally Posted by 4444 i disagree about the RE, with technology and mining changes there may be WAY more reserves there - the resource may be the same, but closer inspection with known technologies and higher copper prices may mean that the reserve is significantly larger than was previously calculated. | What I fear is that Teck will throw a lowball offer, say a $2-per-share buyout - yes below the current SP. Teck will say: "take it or leave it".
Because CUU is mostly (65% actually) insider owned, the insiders, having got their shares for only $0.10, would be happy with a 2000% profit, no strings attached. Elmer will then transition to his post at Boxer gold, thus leaving retail investors like us stuck without much of a word. (Remember the insiders can't unload their shares on the open market without the SP tanking). Teck has probably been buying the remaining shares, so between CUU insiders and TECK, they could own 80% of the float.
Last edited by DOHCVTEC; 07-07-2011 at 11:07 AM.
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07-07-2011, 11:06 AM
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#4439 | | Need my Daily Fix of RS
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Furthermore, I noticed the stockhouse guys are all already talking about the "next CUU". In my humble opinion, I think there will be a massive sell off as soon as news comes out, however good or bad. We should have a CUU-meet after this is all said and done. Your treat (lobster) if CUU pops, mine (McDonalds) if it drops.  | |
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07-07-2011, 11:31 AM
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#4440 | | I contribute to threads in the offtopic forum
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Originally Posted by DOHCVTEC What I fear is that Teck will throw a lowball offer, say a $2-per-share buyout - yes below the current SP. Teck will say: "take it or leave it".
Because CUU is mostly (65% actually) insider owned, the insiders, having got their shares for only $0.10, would be happy with a 2000% profit, no strings attached. Elmer will then transition to his post at Boxer gold, thus leaving retail investors like us stuck without much of a word. (Remember the insiders can't unload their shares on the open market without the SP tanking). Teck has probably been buying the remaining shares, so between CUU insiders and TECK, they could own 80% of the float. | Yes but they would be happy with more. The insiders know how much value is in the ground. If Teck does low ball them, they rather face the open market for investments. Or they can let Teck keep that 75% and arrange all financial obligations and CUU can just sit there and become a cash cow.
Keep in mind that Stifel financial has bought a lot of CUU shares above $2. From my earlier post, Stifel was the person who sponsored the Whistler / Toronto Conference meetings between CUU (and other junior miners) and investment brokers.
DOHCVTEC - how about a McLobster from New England McDonalds? hahahaa
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07-07-2011, 11:11 PM
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#4441 | | resident Oil Guru
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Is it too late to get into CUU?
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07-07-2011, 11:16 PM
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#4442 | | I *heart* Revscene.net very Muchie
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Originally Posted by LiquidTurbo Is it too late to get into CUU? | get in tomorrow before 10:30
profit on monday
............ don't listen to what I said  | |
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07-08-2011, 10:24 AM
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#4443 | | I contribute to threads in the offtopic forum
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Got my tax return the other day. Bought 500 more shares. LOL
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07-08-2011, 11:15 AM
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#4444 | | I *heart* Revscene.net very Muchie
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Originally Posted by highfive Got my tax return the other day. Bought 500 more shares. LOL | if theres no NR next week I'm throwing my monitor out of my window
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07-08-2011, 12:11 PM
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#4445 | | My homepage has been set to RS
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The crowd on SH is hilarious, they're piling onto a CUU board regularly's so called next CUU, BRU, essentially front running for the guy.
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07-08-2011, 12:13 PM
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#4446 | | I contribute to threads in the offtopic forum
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$2.10 I want to throw my monitor out of my window.
hahaha yeah some were mentioning RG as well.
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07-08-2011, 12:34 PM
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#4447 | | RS has made me the bitter person i am today!
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I want to throw my laptop out the window. Frick! ANYTHING.
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07-08-2011, 12:53 PM
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#4448 | | I *heart* Revscene.net very Muchie
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Originally Posted by strykn if theres no NR next week I'm throwing my monitor out of my window | your spidey senses suck lol
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07-08-2011, 02:27 PM
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#4449 | | RS.net, where our google ads make absolutely no sense!
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is anyone still holding CAN. Looking at the price now, I got in at a fairly high point.  | |
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07-08-2011, 09:14 PM
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#4450 | | Need my Daily Fix of RS
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Originally Posted by 4444 NR tomorrow based on what?
i make investment decisions based on fact, so i hate it when ppl come out and make wild claims... if its your gut feelings say so, if its based on something else, please say so too! | yeah sorry i was just guessing LOL i should have said that.
Magic lamp now says Monday xD
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