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DOHCVTEC 07-10-2011 04:53 AM
Quote:
Originally Posted by highfive (Post 7503440)
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
Deal on the McLobster! I think Monday will be "judgement day" for CUU - good luck to those who are still holding.

From my understanding, Stifel is just a brokerage house, meaning they could be buying for a client, any client. Heck, that client could very well be Teck, but we'll never know until this is all said and done.

DOHCVTEC 07-10-2011 06:16 AM
On a different note, how do you guys feel about Barrick Gold at the moment? Given the recent dismal job report from the US, gold and silver might continue their week-long mini-rally. Gold and silver stocks could therefore benefit in the coming weeks. Thoughts?

DOHCVTEC 07-10-2011 08:02 AM
I'm also looking for a penny stock to put some of the "ultra-high-risk" part of my portfolio into. Got any suggestions?

LiquidTurbo 07-10-2011 10:44 AM
MGP?

strykn 07-10-2011 10:53 AM
Quote:
Originally Posted by DOHCVTEC (Post 7506715)
I'm also looking for a penny stock to put some of the "ultra-high-risk" part of my portfolio into. Got any suggestions?
Depends on how long u wanna hold, TLON & IGXT
not sure how comfortable you are with biotech lol

strykn 07-11-2011 02:14 AM
fucking phone woke me up.. FINALLY IT IS OUT RE!!!!!!!!!!

shawnly1000 07-11-2011 05:34 AM
It's out!!

COPPER FOX METALS INC. - MEASURED AND INDICATED RESOURCE ESTIMATE EXCEEDS 1 BILLION TONNES AT SCHAFT CREEK DEPOSIT

Copper Fox Metals Inc. - News Releases - Measured and Indicated Resource Estimate Exceeds 1 Billion Tonnes at Schaft Creek Deposit - Mon Jul 11, 2011...

Haven't bothered reading it as the share price is.... :(

blkgsr 07-11-2011 06:05 AM
WTF???

RE comes out and SP TANKS?

how does that make sense??? where's the negative news in this?

blkgsr 07-11-2011 06:07 AM
i'm reading quick things on SH that they're showing LESS than they did 4 years ago??? fuck me

are you all holding are are you dumping?

LiquidTurbo 07-11-2011 06:26 AM
Quote:
Originally Posted by strykn (Post 7504216)
get in tomorrow before 10:30

profit on monday



............ don't listen to what I said :fullofwin:
You sure about that!?
Posted via RS Mobile

SiRV 07-11-2011 06:34 AM
wow ... bad morning holy fuck

rb 07-11-2011 06:57 AM
Quote:
Originally Posted by blkgsr (Post 7507703)
WTF???

RE comes out and SP TANKS?

how does that make sense??? where's the negative news in this?
almost the exact same thing happened to AAA. RE comes out with good results and the stock absolutely nose dives. I didn't get out in time :(

CT10 07-11-2011 07:34 AM
So does anyone still holding onto cuu?
Posted via RS Mobile

blkgsr 07-11-2011 07:35 AM
i haven't looked at it, but i heard that the resource is now showing less than it did 4 years ago and that's the reason for the drop

i don't know how in the world that's possible with the aerial etc

aznl3oi 07-11-2011 07:45 AM
wtf happened.

gdoh 07-11-2011 07:47 AM
bad market? wait to see where it settles and now DD on how much it will cost to pull it out of the ground =]

minoru_tanaka 07-11-2011 07:49 AM
I don't follow this stock but Aug copper down .0475 @ 4.3590 if that helps

highfive 07-11-2011 08:28 AM
It seems like it's more stop losses / margin call selling???

SiRV 07-11-2011 09:09 AM
as per SH, the results of the RE show a 34% reduction in Moly reserves and 28 % reduction in gold ......................................!!

DOHCVTEC 07-11-2011 09:11 AM
Quote:
Originally Posted by blkgsr (Post 7507703)
WTF???

RE comes out and SP TANKS?

how does that make sense??? where's the negative news in this?
Makes perfect sense: it's called sell on news. Very rarely does a stock's price go up on an anticipated RE, especially one that is followed so closely and with such high expectations. Everyone was expecting a miracle, like 10X the original resource or something that insane. So even when the RE showed not much of a difference, everyone got impatient and sold. Makes perfect sense, as all the insiders got their shares for $0.10.

DOHCVTEC 07-11-2011 09:15 AM
Quote:
Originally Posted by SiR_vfung (Post 7507804)
as per SH, the results of the RE show a 34% reduction in Moly reserves and 28 % reduction in gold ......................................!!
I don't think most people on the SH forums know how to read a resource estimate. It is sort of funny reading the comments.

iceburner 07-11-2011 09:18 AM
Quote:
Originally Posted by DOHCVTEC (Post 7507806)
Makes perfect sense: it's called sell on news. Very rarely does a stock's price go up on an anticipated RE, especially one that is followed so closely and with such high expectations. Everyone was expecting a miracle, like 10X the original resource or something that insane. So even when the RE showed not much of a difference, everyone got impatient and sold. Makes perfect sense, as all the insiders got their shares for $0.10.
Yup exactly, selling on news is a very common practice on especially on mining stocks. I may pick some up when it gets a bit lower. Or maybe an ore stock. Haven't decided yet.

I really wish MER would go up though, i dunno wth is going on with that company. It's using up all my TFSA room.

DOHCVTEC 07-11-2011 09:21 AM
I'm all cash and waiting to buy - like a kid in a candy store. However, I do not think this is it. I will see how the markets are by the end of this week. We have Italy going underwater soon, and then there's Spain. Obama doesn't seem to be in much of a hurry either to solve their debt problem. The currency markets may be where I'll go next.

strykn 07-11-2011 09:35 AM
Quote:
Originally Posted by LiquidTurbo (Post 7507709)
You sure about that!?
Posted via RS Mobile
out of this shit CUU. Made 2.5k on the bounce from 1.45, done with miners.

Great call DOHVTEC , props :)

shawnly1000 07-11-2011 09:54 AM
I feel sorry for those on SH who were in CUU and bought in BRU on Friday on two people's pump there.
Posted via RS Mobile


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