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Canuc Resources Corp V.CDA

Alternate Symbol(s):  CNUCF

Canuc Resources Corporation is a junior resource company. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the development of oil and gas properties. The Company is focusing on its San Javier Silver-Gold Project in Sonora State, Mexico. The Company’s San Javier Silver-Gold Project consists of approximately 27 contiguous mineral claims located near the town of San Javier in Sonora State, Mexico. San Javier is located 146 km east of the State Capital, Hermosillo, and is accessible by paved road. Its geographical segments include Canada, the United States, and Mexico. The Company also generates cash flow from natural gas production at its MidTex Energy Project in Central West Texas, USA, where the Company has an interest in eight producing natural gas wells and has rights for further field developments. Its subsidiaries include Full Circle Energy Ltd, Midtex Oil & Gas Corporation, and Minera Stramin S. de R.L. de C.V.


TSXV:CDA - Post by User

Post by stanleyon Jun 30, 2020 6:14am
248 Views
Post# 31206397

"Distribution" versus "Accumulation" - A Primer

"Distribution" versus "Accumulation" - A Primer
Lurk & Learns:

Using (aforementioned) Canada Stockwatch, we may get a hint/glimpse as to which brokerage is accumulating Canuc stock, "while it is still cheap and under the radar", making all effort to not give any signal(s) to the market that there is POTENTIAL interest in this stock.

The case is, potentially, O & G, IoT, or Silver in Mejico. Suspicion c\would be confirmed with/by a statement from the brokerage with an inordinate accumulation of said "undervalued shares". Just saying, this brokerage is not in the business of collecting wallpaper.

Their business plan is to re-sell these shares to groups (and insiders) who they want to reward for their loyalty then sell to the "market" any float remaining.

In this rinse and repeat world, Canuc first came to prominance as a Uranium company run by the Murtons...to the "triple threat" (LOL) that it is  today. 

NOT saying that a 2c (or 25%) bump will not trigger some response from the penny watchers; but given the state of things in the general market; not to mention the disaster that is the US Covid 19 response; Silver (poor man's gold), will be the other second wave to pay attention to.

BWDIK? Cavet Emptor (Latin for buyer beaware -- DYODD-- do your own research). Thanks in advance for clicking on the thumbs up.

GLTAL -GLAP
Cheers
Stanley
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