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Bullboard - Stock Discussion Forum Channel Resources Ltd V.CHU

TSXV:CHU - Post Discussion

Channel Resources Ltd > big dumping
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Post by gulliver2 on Feb 09, 2011 9:05pm

big dumping

Someone is unloading a huge amount of stock. The results of drilling so far seem to indicate a great potential in Burkino Faso. Unless someone knows something that I don't know and is dumping it would seem the share price should be higher. I would suggest to lower your bids TILL THE DUMPING STOPS.
Comment by wj on Feb 09, 2011 9:32pm
This is the paper coming out.CHANNEL RESOURCES CLOSES PRIVATE PLACEMENT FINANCINGChannelResources Ltd. has closed its non-brokered private placement of 9.15million units at a price of 17 cents per unit for gross proceeds of$1,555,500. Each unit comprises one common share of the company andone-half of one share purchase warrant. Each full warrant is exercisablefor one common share for a period of ...more  
Comment by ds760 on Feb 11, 2011 10:57am
Looks like we'll finally be climbing back up now.
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