RE:3 million share bid at 4 centsExtraordinary day........Anonymous who we assume is Pinetree must have sold close to a million shares..
Whoever sold will really regret what they have done in a relatively short period of time.
I know a few of us have been frustrated at experiencing so many false alarms but having said this I really think those that are patient will ultimately see this stock at higher levels than CCB.
Whilst I may have shown some frustration, I do try to give credit where it is due and the last News update was the best News Release the Company has released. In this respect Mr Olgivie has really given a very comprehensive report of the business plan moving forward.
Obviously Mr Olgivie has given a lot of thought to the direction he is taking to maximise the resources he has acquired to have all the bases covered both for production and marketing.
I think Management has been sizing the quantity of stock that Pinetree and other sellers want to virtually give away and the 3million plus bid at the end of today told it all. enough is enough.....the Company has an excellent business plan and I suspect even if the results are a month or two away ,the plans in themselves should take the shares close to the 8.5 private placement that is presently open.
I actually picked up a few shares at 4 cents, never thinking it would go back to that price.
So Mr Olgivie ,put your plans into effect .....I think there is much to look forward to and I think the shares are very undervalued relative to the potential they have with 2014 being a very eventful year for the Comany.
All in my humble opinion but I suggest everyone re reads the last News Release it gives a wonderful overview of the Company's plans for 2014. JIMHO GLTA