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slow moves (CMR)     

hangon - 14 Mar 2007 16:53

I've been excited by this one, well at agm's - but noithing seems to prop up their own words. A 4% rise today is noise-level but welcome. What we need is so shiny metal, not pictures of rocks, or forests. This is meant to be a Gold co and all we hear is radio ga-ga.....................

mcmahons - 02 Jul 2007 08:40 - 10 of 69

positive news with regards to the gold deposits in Colombia more of it !

queen1 - 03 Jul 2007 09:51 - 11 of 69

Hopefully this will be the final push these shares need. Most pieces of news from CMR have been positive recently and the SP has very briefly rallied, only to fall back again. I'm hoping this time will be different.....

oilyrag - 03 Jul 2007 10:06 - 12 of 69

Last share placement at 3p for 8 million shares with 16 million warrants attached, amounts to a considerable dilution. The lucky traders to get these are already sitting on a 50% profit. If these holders start to sell on the basis that the uranium is not of as high a grade as expected then SP may fall back towards 3p levels.

queen1 - 03 Jul 2007 10:12 - 13 of 69

Let's hope not!

oilyrag - 03 Jul 2007 11:30 - 14 of 69

Lots of largeish sales going through, although quantities are matched by new purchases. In the coming weeks look out for trades at 3p, these will be the warrants being cashed in.

queen1 - 05 Jul 2007 13:12 - 15 of 69

It's doing it again. Good news, a nice rise, and then a drip back towards where it began. Very frustrating.

hangon - 16 Jul 2007 11:53 - 16 of 69

Oilyrag, anyone - Warrants - are these available on the open market? - I couldn't find any in moneyam. ( Camb Min)
If these are long-term(2009, say), they could be another way of playing this stock and/or holding-back the sp!....just wondering....thanks.

oilyrag - 16 Jul 2007 18:08 - 17 of 69

Hangon, the warrants were only availiable and attached to the last placement. Idont think they are tradeable.

mcmahons - 17 Jul 2007 16:38 - 18 of 69

Nice steady flow of buys the last 3 days and seems to be picking up today.
looking good. A bit of good news which is very likely based on what they have on their plate and who knows.

mcmahons - 17 Jul 2007 18:06 - 19 of 69

As per my previous post 'who knows' !!!

huxley - 17 Jul 2007 20:36 - 20 of 69

suspended due to change of adviser & broker???

seems a bit of an extreme action considering its changed its adviser/brokers previously without suspension.

mcmahons - 17 Jul 2007 23:50 - 21 of 69

In deed-e perhaps good rather than bad. If I say bad perhaps good !!
Penny Shares ' the horror of it all' !

mcmahons - 25 Jul 2007 09:22 - 22 of 69

AGM Statement
Reserves and Resources in-situ value - $16.26 billion.
Solid explanation and responce from company today.

oilyrag - 26 Jul 2007 07:34 - 23 of 69

Prehaps the broker and adviser change has something to do with the recent placement. 2 warrants for every share seems very cheap.

mcmahons - 27 Jul 2007 16:04 - 24 of 69

Very likely

oilyrag - 31 Jul 2007 08:50 - 25 of 69

Back with a bang.

mcmahons - 31 Jul 2007 09:10 - 26 of 69

fingers crossed looking good

hangon - 01 Aug 2007 19:57 - 27 of 69

Oilyrag I agree and until there is some extracted metal being sold, this is like any other prospect: - jam tomorrow.
It is the reason IMHO why any Placing is likely to be ( NOT ) in PI's favour.
The recent return from suspension caused excitement only amongst the Brokers and MM's who hoped we;d fall over ourselves....

hangon - 06 Aug 2007 17:27 - 28 of 69

Placing has gone through at 3p plus some warrants,

mcmahons - 09 Aug 2007 08:55 - 29 of 69

Quintana gold mine
15,000 ounces of gold a year
Colombian project expected to become operational in six months.

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