RE:Selling ContinuesMartyboss, I am hanging here in until, all of the remaining cheap shares, have been sold! The bids will continue to remain low, until then! Why bid higher?
Personally, I think that it is stupid to sell out before the Graal spinout has occurred. But that is just my opinion. The Graal deposit offers shareholders, some huge, upside potential!
Maybe the sellers have just lost all patience with CCW management. It seems to be taking them a long time to get anything done!
CCW managers are trying to run two different companies, CCW and GGM. Once Graal is spun out, they will have three different companies to run!
Maybe they have too much on their plate?
They seem to be having some difficulty in getting all of their data compiled, in order to make some timely and necessary decisions!
The Graal spin out also seems to be taking, a little too long! Why is that?
Do the lawyers involved, need to paid, a little more money? Are they holding out, for still more cash, before finishing their work?
Maybe the company is also having some difficulty, getting some new, financing deals done?
It's just speculation by me, right now. It could just as easily be that they are already in talks with some financial backers to strike up, some kind of deal?
Marty you and I, already know how quiet managers have to be, before any kind of money deal or some joint venture, might be announced! M&A discussions also, always go on quietly, behind the scenes.
A lot of shares are being purchased. I am always pleased when I see high volumes of shares being traded. The more shares purchased at a lower price, means that any potential buyer of the company has more cash, left over, to make a larger bid, later on, for the rest of the company!
I mean who really knows, what is going on? CCW is being, just too quiet, right now!
Only management knows for sure and they are not presently telling us, very much! Perhaps there is a very good reason. We have to hope that it is a good one! Maybe like you said, we just have to wait a little longer, for some better news? And it could come, at any time!
It is clear that many CCW shareholders have had enough of the waiting and so they are selling! Let's hope that they are making a mistake! Any real significant news could be a real game changer, for this company!
Management might have better anticipated this kind of selling action. But many junior explorers have been through this kind of scenario, many times before!
A few more grab samples, won't impress much!
They need to find some significant revenue stream or devise, such a mechanism to get some cash flow, into the company's coffers on a more regular basis. And then announce it, to the market!
But they should get it done soon!
Now that's the kind of news that would really grab some attention from new investors and certainly keep the ones that they already have!
But at this later stage, would that kind of news, be too good, for anyone to believe? The share price has already been driven down, almost to the bottom, as far as it will go!
It may be harder now, to get it to go, back up again!
Certainly, their GGM shareholders, do seem to have given up on them! No one seems to be, buying their shares. Their last deal seems to have lost some momentum or management has lost some of their enthusiasm, to strike one right now!
On the other hand, a lot of shares of CCW are now being actively purchased. Something may be going on that only the buyers and/or managemnent, may happen to know?
Just trying to being patient. But I am used to that! LOL
Yeah CCW management, please send us some, very good news!
We are all, just begging to know!
If you have our back, we will have yours!
All the best! Java