I'd like to see a close in the high 40's
will see. i've been watching it closely and it seemed some are trying to push the SP down and stop the bounce from happening. not sure if that is action of some daytraders or what.
you holders may need to be patient and endure this once some can't take advantage of this anymore.
All I can say is WOW....what a disappointment . Like many of you I got caught up in the hype as well and I know better than to do that as I learned those lessons years ago but I have to say based on what information was coming from mgmt itself I felt confident that we had something big here . Someone else said here they sold today because they lost confidence in the CEO ...well ditto and in fact I feel that shareholders were knowingly mislead and quite frankly I am pissed ! I know companies do this sort of thing all the time to line their own pockets but I didn't expect that from this management group . The results were ordinary as someone else said (not horrible) but not what everyone was mislead to believe . The fact is there is still a discovery here and this may still have some potential to recover but I am out of it as I cannot put any more trust in these guys . I hope it recovers for those still holding but I will use this experience as a reminder of what I already know when trading these high speculation plays . I should also note that there is no one is to blame but ourselves and any comments made on this board by all of us including the "stockgods" were mostly based on the same information we all had . This could have easily gone the other way and we'd all be celebrating right now but whenever you are holding a stock just before a nr , it's like going to the casino and putting everything on black...unfortunately today it landed on red . ok that's my rant on this folks - GL to all of those still holding .
Pardon? i recall warning all that some discovery hype was already built into the price....
You are absolutely right....you did have some articles posted which were very informative and cautios on these REE plays...I guess greed does this to a person(including me), looking at the results what is your opinion mouserman...you think the selloff was justified ?
Pardon? i recall warning all that some discovery hype was already built into the price....
WOW I guess I miss the action in HSM today ,,,Yes mouser you did warn this thread, for that I'm grateful, My only regret about this was my timing of taking profit, most of us as been told next week for the release and I did not anticipate the halt today for that well it did cost me a large profit lost. But as far that I'm concern it is water under the bridge and move on to the next one.
This game need to be play with no emotion and have a entry and exit plan at all time that way you will minimize loses. P,S still holding my shares I never try to catch a fallen knife.
WOW I guess I miss the action in HSM today ,,,Yes mouser you did warn this thread, for that I'm grateful, My only regret about this was my timing of taking profit, most of us as been told next week for the release and I did not anticipate the halt today for that well it did cost me a large profit lost. But as far that I'm concern it is water under the bridge and move on to the next one.
This game need to be play with no emotion and have a entry and exit plan at all time that way you will minimize loses. P,S still holding my shares I never try to catch a fallen knife.
You are right Houndog, there was no time to react...most of us were caught offguard..we had one day(yesterday) with good volume and solid gains and then boom....halt this morning...those that were bright enough and sold yesterday...well done...for the rest of us....the nr wasnt that bad..i think....just not to expectations...some were predicting 15%+++...quite laughable when i think about it now. This is a good lesson learned for all of us.
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Canadian International Minerals CIN-V $0.64
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Canadian International Minerals is on the verge of announcing results from their initial drill program at Carbo. I am issuing an alert this weekend that assays are due any day now. This stock has held up very well considering the long anticipated results have been so long overdue and will soon be back to drilling in April once assays have been released. All the loose paper is now out of CIN and with assays set to come back any day, CIN will work its ways to all time highs in anticipation of stellar results. CIN assays had to be re-assayed at a different lab out in Ontario due to the blanks coming back with REE content. When I ran into Mr. Schuss at Round-Up, he wouldn’t give timeline because of problems with assays, but he was confident assays would be back within a couple weeks. From the way the stock is now trading reaching a high of $0.64, it looks like he market is expecting assays any day. Michael said that they will be releasing assays as they receive them.
CIN has a project that many think will be one of 3rd most important light REE project in North America. Once the assays come in it will give everyone much more an understanding of just how big this project is with CIN drilling 1km from Spectrum’s discovery. A 10,000 meter drill program will start in earnest in April which CIN will need a financing for, but mgmt is confident in drill results and any negotiations for financing will start after assays are public.
I would not be surprised if they halt this and it gaps higher on news. Once CIN has assays in hand, they will have leverage in negotiations with Spectrum. One thing that plays into CIN’s hands is that their focused drilling is outside the Wicheeda Lake watershed whereas Spectrum’s is not making CIN’s Carbo Project much less environmentally sensitive than where the original Wicheeda discovery is located. Not saying that these things can’t be solved or Wicheeda has no value, but little things like this give CIN the upper hand in negotiations when the time comes to look at this project as the sum of the parts.
CIN has the greatest chance for a short term material revaluation.
/rant on
These newsletters are a scourge. It's not just CIN--it's almost all stocks these days. First a tweet, then a blog then volume spikes in the speculation phase. "This stock is THE stock that'll help me hit the bigtime." Meanwhile, traders move in, make their money and sell-off (possibly holding freebies). The "longs" (you can't really be long on only a story, can you?) hold, work each other into a frenzy and then the news hits. In the chance that it's good news, those who traded down are laughing. If it's bad news, freebies have nothing to lose by selling at the open but it's likely those who bought in anticipation of news that result in the halving of the pps. I've thought about tweeting to share my (unoriginal) ideas but that would turn into a blog and then a spike in volume in the speculation phase...Welcome to "investing"
/rant off
Not that I was in CIN, but Knowsnothing is right. I waited 3 years ago for the Ferrari to park itself in my driveway, but got caught in hype on a stock bigtime( lesson learned). Cin from Tuesday to Wed went up 22%. Is this not enough profit cosidering you'll get 2% calculated annually from the banks? Be very cautious when taking advice and if I were still holding, I would check Canadian Insider to see if the CEO or who have you dumped on Wed before close.
B $$ R
Is this an Oxymoron,,,,,or self proclaimed only!!!!!!
Not that I was in CIN, but Knowsnothing is right. I waited 3 years ago for the Ferrari to park itself in my driveway, but got caught in hype on a stock bigtime( lesson learned). Cin from Tuesday to Wed went up 22%. Is this not enough profit cosidering you'll get 2% calculated annually from the banks? Be very cautious when taking advice and if I were still holding, I would check Canadian Insider to see if the CEO or who have you dumped on Wed before close.
B $$ R
Here your answer...
| Jan 24/11 | Jan 24/11 | Verrico, Christopher | Direct Ownership | Common Shares | 54 - Exercise of warrants | 125,000 | $0.200 |
| Jan 24/11 | Jan 24/11 | Verrico, Christopher | Direct Ownership | Warrants | 54 - Exercise of warrants | -125,000 | |
| Jan 24/11 | Nov 16/10 | Forward, James Casey Dalton | Direct Ownership | Common Shares | 10 - Disposition in the public market | -100,000 | $0.570 |
| Jan 24/11 | Nov 15/10 | Forward, James Casey Dalton | Direct Ownership | Common Shares | 10 - Disposition in the public market | -50,000 | $0.630 |
| Jan 24/11 | Nov 15/10 | Forward, James Casey Dalton | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 150,000 | $0.130 |
| Jan 24/11 | Jan 24/11 | Verrico, Christopher | Direct Ownership | Common Shares | 10 - Disposition in the public market | -20,000 | $0.550 |
| Jan 24/11 | Jan 21/11 | Verrico, Christopher | Direct Ownership | Common Shares | 10 - Disposition in the public market | -17,084 | $0.590 |
| Dec 06/10 | Nov 16/10 | Bruland, Tor | Direct Ownership | Common Shares | 51 - Exercise of options | 150,000 | $0.130 |
| Dec 06/10 | Nov 16/10 | Bruland, Tor | Direct Ownership | Options | 51 - Exercise of options | -150,000 | |
| Nov 11/10 | Nov 10/10 | Evans, Garth Evans | Direct Ownership | Common Shares | 10 - Disposition in the public market | -10,000 | $0.560 |
Looks like someone knew something.
Here your answer...
| Jan 24/11 | Jan 24/11 | Verrico, Christopher | Direct Ownership | Common Shares | 54 - Exercise of warrants | 125,000 | $0.200 |
| Jan 24/11 | Jan 24/11 | Verrico, Christopher | Direct Ownership | Warrants | 54 - Exercise of warrants | -125,000 | |
| Jan 24/11 | Nov 16/10 | Forward, James Casey Dalton | Direct Ownership | Common Shares | 10 - Disposition in the public market | -100,000 | $0.570 |
| Jan 24/11 | Nov 15/10 | Forward, James Casey Dalton | Direct Ownership | Common Shares | 10 - Disposition in the public market | -50,000 | $0.630 |
| Jan 24/11 | Nov 15/10 | Forward, James Casey Dalton | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 150,000 | $0.130 |
| Jan 24/11 | Jan 24/11 | Verrico, Christopher | Direct Ownership | Common Shares | 10 - Disposition in the public market | -20,000 | $0.550 |
| Jan 24/11 | Jan 21/11 | Verrico, Christopher | Direct Ownership | Common Shares | 10 - Disposition in the public market | -17,084 | $0.590 |
| Dec 06/10 | Nov 16/10 | Bruland, Tor | Direct Ownership | Common Shares | 51 - Exercise of options | 150,000 | $0.130 |
| Dec 06/10 | Nov 16/10 | Bruland, Tor | Direct Ownership | Options | 51 - Exercise of options | -150,000 | |
| Nov 11/10 | Nov 10/10 | Evans, Garth Evans | Direct Ownership | Common Shares | 10 - Disposition in the public market | -10,000 | $0.560 |
