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Old 01-21-2010, 12:56 AM   #2177
subordinate
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Well that was a nice initial open for CQM, with a high of day of 1.48 (Mentioned at $1/share, then settling down to 1.34 cents. If anyone gives CQM-V a brief look, they will notice that there is not much resistance until $ 3 dollars/share. IMO.


Heads up, GMR (a play in the region) will be releasing results this week, which will impact the entire region.

Here's an piece from an old News Release:


Gastem: Directors and Officers Flow-Through Private Placement for $93,005
Gastem Inc GMR
12/31/2009 2:27:01 PM
MONTREAL, QUEBEC, Dec 31, 2009 (MARKETWIRE via COMTEX News Network) --

Gastem (TSX VENTURE: GMR) is pleased to announce that it has closed a $93,005 flow-through private placement for directors, officers and friends equal to 143,085 Units at a price of $0.65 per Flow-Through Unit. Each Flow-Through Unit consists of one flow-through common share and one common share purchase warrant. Each whole warrant entitles the holder to acquire one non-flow-through common share at a price of $0.85 per share for a period of 18 months from the closing.

The Offering was made to directors, officers and friends within the meaning of National Instrument 45-106 in the Province of Quebec. The closing is subject to the completion of formal documentation and receipt of Regulatory approval including the approval of the TSX-V. There was no commission paid for this private placement.



Getting their friends/family in before the run??? (Possibly know something that they aren't telling?) IMO. This is the venture exchange......where the crooks make their bread and butter.


And please don't just jump into any of these plays because of some guy on the internet spewing some information, do your own DD (Due Diligence)
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For NDR-V, closed today at .285, not bad since mentioning it at .17cents (1.5 months ago.

Too bad I sold everything at .24/share to position myself more in the Utica plays. I took the gamble simply because of risk/reward ratio, where the possible rewards was very attractive.

If money is gained, a simple reentry into the Kinross FDN plays will be my next strategy since Kinross will be releasing results fairly soon, as well as Eco metals.

Last edited by subordinate; 01-21-2010 at 01:23 AM.
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