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Camrova Resources Inc V.CAV.H

Alternate Symbol(s):  BAJFF

Camrova Resources Inc. is a Canada-based mining company. The Company operates in one business segment, being the acquisition, exploration and development of resource properties. It has a minority investment in the El Boleo copper-cobalt-zinc-manganese deposit located near Santa Rosalia, Baja California Sur, Mexico. In addition, the Company intends to investigate and potentially pursue alternative project opportunities.


TSXV:CAV.H - Post by User

Bullboard Posts
Comment by mining_pays_my_billson Jul 02, 2014 2:24pm
370 Views
Post# 22710530

RE:BAJ Chart looking good we have 826K on the BID & Only

RE:BAJ Chart looking good we have 826K on the BID & OnlyNow up to 886K on the bid at 0.05, and only 35K on the ask at 0.055. Think of what this means- 886K shares wanted, and buyers are willing to pay 0.05. There are 0 shares for sale at their bid price of 0.05, in fact only 35K are available at 0.055. What's more likely to happen- will the seller asking 0.055 for 35K shares cave and sell at 0.05, or will one of the numerous buyers offering 0.05 increase his bid to 0.055 to be sure he at least gets some shares before the price goes up further? Based on numbers it's 25 times more likely (25 times more bids than asks) that a buyer will increase his bid than it is that the seller will decrease his ask. Tremendous upward pressure here. Once the 35K at 0.055 are bought, the next ask will be 0.06. This is what i like to see, a nice, slow steady climb, with the share price being supported by buyers. I think we'll be at 0.06 before news even comes out, and then up to 8 to 10 cents when news comes out (provided it is the big news we are all waiting for- mechanical completion of the copper circuit).
Bullboard Posts

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