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Canada Carbon Inc V.CCB

Alternate Symbol(s):  BRUZF

Canada Carbon Inc. is a Canada-based junior natural resource company focused on the acquisition and exploration of natural resource properties. It holds a 100% interest in two graphite properties located in Quebec: The Miller Graphite Project and Asbury Graphite Project. The Miller Graphite Property is located in Grenville Sur la Rouge, Quebec. The Miller hydrothermal lump-vein historical graphite mine and surrounding property cover approximately 100 square kilometers (km2) and is located 80 kilometers (km) west of Montreal in the Grenville Township. The Asbury Graphite Project is made up of two claims for a total of 119 hectares (ha). It is located 8.1km northeast of Notre-Dame-Du-Laus in the Laurentides Region of southern Quebec.


TSXV:CCB - Post by User

Bullboard Posts
Post by analyzethaton Oct 15, 2013 3:26pm
83 Views
Post# 21817653

CCB Chart

CCB ChartNever mind the bashers.  This is just standard market behaviour and especially when there is uncertainty in the major markets like the S&P 500.  With CCB, the first run up on volume was from .10 to a high of .19 then pulled back to .10.  Then consolidated between .13 and .18 before running up and touching .37.  Majority of the volume was then between .16 and .24  The last resistance level that is now support is around .18.  These stocks usually come back to the prior resistance before the move up so this is not surprising market activity.  People will sell off from the high and take their profit and look for a lower re-entry or start looking for another play.  Zen hit a high of $5 and is now touching just above $2.20.  TCR hasn't moved much on the latest news and even it has seen selling pressure.  Some people have large positions and they will take small profits on large volumes.  Makes a person wonder how "long term" any position holder really is!!  
Bullboard Posts

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