Carabella Res Ltd Nsw CBLLF

RE:Wtf

[Bookends]

Hahaha Cal, I’m guessing you were taking about Friday’s premarket bid and asks at like 4.2ish? I would have loved for the market to open at that price, but naturally, it returned to a more stable price at 9:29. 

Otherwise, yeah, the price is trending a little lower... I guess it’s somewhat normal. I’m thinking it’ll trend increasingly lower, little by little and it’ll reverse as we approach the end of the month and people start accumulating more and more.

I can understand, your rules of putting a concrete loss on your purchases and just sticking it out. I’ll admit that I’ve played different turnaround names without putting a stop on my buying and I’ve regretted it bitterly... SCN being the latest! There are just no limits to how irrationally high or low a market can reach, it’s always amazing to me. 

In any case, I don’t think it’ll reach a point where you can get free shares of Nickel 28... I’ve seen this situations a few times over the years where a company will distribute a return of capital and shares will trade at the value of the return of capital. What’s different is that the remaining company is usually a shell with 0 assets and very little capital on the books. If you’re lucky, you can get a reverse takeover out of that shell. In any case, the shares were free, so you’ll never lose. 

This year, I’ve actually been able to play AAP.H where they returned 7.5c to shareholders and was able to purchase some for 7c! The remaining shell shares sell for 1.5c ... pretty crazy... unfortunately it’s one of the most illiquid stocks I’ve ever seen, so I couldn’t get as much as I had hoped. 

All that to say that my favorite plays in the market would be a situation where KBLT would trade at 4$ only to give you free shares of Nickel28... So, I would certainly be buying your shares if that was to happen. 

Contrary to you, I hope the crash happens sooner rather than later... Heck, I’ve been waiting for it over the last 5 years hoping to be able to buy nice assets and let it compound for the next decades. Really wish I had bough 5 years ago now lol. 

Hahaha, I don’t view myself as classy? But I guess I’m pretty cool like that. It’s definitely nice to have good conversations on stockhouse rather than the usual trolling along with the usual unidirectional comments from pumpers or shorters. 

I’m also from Montreal and I’ve seen many adds of Tai Lopez these last years. If there is 1 thing I've memorized from him; it's to surround yourself with high achieving people. If you ever feel like it, we could go and have a beer, inbox me. I'd love to hear about your experience as a CEO and the corporate life.

I understand how busy you must be. I have a 9 year old and I remember those days when she was a few months or even 2 years old. Enjoy it mate, the time you spend with them is all that really matters in the end and they just grow up too quickly!