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Artha Resources Corp CTMIF

"Centenera Mining Corp is an exploration-stage company. Principally, it is engaged in the business of exploration and evaluation of mineral properties located in Argentina and Canada. The company's project consists of Esperanza copper-gold project in the city San Juan in northwestern Argentina, El Quemado project located approximately 80 kilometres west of the city of Salta, and Trigal project which cover areas throughout northwest Argentina. In addition, it also holds various properties such as


GREY:CTMIF - Post by User

Bullboard Posts
Comment by Nickel77on Mar 28, 2012 11:47am
154 Views
Post# 19727968

RE: RE: RE: 5 cents ??

RE: RE: RE: 5 cents ??

Over the past two days, TD seems to be the recent buyer and Haywood doing most of the dumping. Frustration levels in the way this management is communicating and running the company is more than likely the main reason some investors are considering, and/or acting on walking away from this stock.

Hawkeye, I agree with you that one positive news item may be all it takes to move the stock, but it is becoming more evident by the day that some investors are loosing patience with AHC management. Over the past six months this company seems to have changed its priorities multiple times. Just which property are they going to move forward on? With a major mine next door, one good drill result on the Perquitas property would have been all it took for the market to take notice of AHC. Instead, that priority changed and Vallecito became the major target that ate up the previous financing funds with little result. Although the company said they were happy with the results, (what else could they say) the market didn’t think so and the stock dropped like a rock. Another financing later for a million dollars (all but used up) and management did not drill one hole. Is the priority now a gold property, a Rare Earth property, or are we going back to the Perquitas Property?

In any event, AHC is basically out of funds and more dilution must be on the way. It seems management is distancing itself from updating shareholders with any concrete plan of action to improve shareholder value. If it continues much longer, others will certainly move on until management gets their act together and makes some sense out of what they are trying to accomplish.

House Positions for C:AHC from 20120326 to 20120327

House

Bought

$Val

Ave

Sold

$Val

Ave

Net

$Net

7 TD Sec

326,500

16,325

0.05

0

326,500

-16,325

58 Qtrade

99,000

4,950

0.05

0

99,000

-4,950

85 Scotia

60,000

3,150

0.053

0

60,000

-3,150

2 RBC

53,500

2,875

0.054

0

53,500

-2,875

19 Desjardins

15,000

675

0.045

0

15,000

-675

9 BMO Nesbitt

10,000

550

0.055

0

10,000

-550

79 CIBC

2,500

125

0.05

0

2,500

-125

124 Questrade

0

400

20

0.05

-400

20

6 Union

400

20

0.05

1,500

75

0.05

-1,100

55

1 Anonymous

16,000

720

0.045

60,000

3,200

0.053

-44,000

2,480

33 Canaccord

0

50,000

2,500

0.05

-50,000

2,500

22 Fidelity

0

51,000

2,495

0.049

-51,000

2,495

62 Haywood

0

420,000

21,100

0.05

-420,000

21,100

TOTAL

582,900

29,390

0.05

582,900

29,390

0.05

0

0

Bullboard Posts