RE:Is there any sign of lifeNo offense here but we aren't missing anything. You just listed a whole bunch of reasons why this is going forward and will be making money. It is the overall picture that you are missing. The preverbial can't see the forest for the trees.
It doesn't matter what the price of the stock is right now, and I agree it's going up and down and sideways, makes one feel like throwing up even, on this journey we are on, but its the value at the end of the day that makes you the money, not flipping it for a few bucks.
I was in GBR and was lucky enough to get quite a few shares in the $4 range but paid all the way from that to the $13 range. It had gone down from in the $8's to the $4's. Imagine the feeling of a lot of investors on that one. But we waited it out and got $29 thank you very much.
Patience pays off way more than worrying.
I'm also in GENM right now and it's in the same boat, same loss of price, way down, and it's on the TSX not the Venture, yet it has been hit badly by shorts as well. We were basically all set to go and start building but now with the price decrease in Palladium that has put a kink in things. Again though, you have to be patient. Stormy seas eventually calm down.
As for CNC, I bought most of my shares at $3.54 but in the last month when we dropped to $1, I managed to get some more, putting my average now at $3.33. I'm not buying more to lower the average so that I can sell as soon as it get backs in that range, I got more and still want to get more, to make 10+ times that much.
fiddycent wrote: For this share price?
Retail holders like myself have listened and discussed ad nauseam the "What if's" the "could be's" the "must have's" and the share price has slipped from plus $2.00 just 25 days ago to where it is at present. The share price continues to decrease again. When it isn't decreasing, it makes feeble attempts to stay where it is and continues backward.
The latest press release goes out to every news outlet possible.....and the market shrugs it off. Hign on dreams, lots of plans, and light on facts (like government funding)..
So my question to all my fellow retail holders: What are the catalysts that will give CNC solid support?
What do we have to watch for, or be ready for?
Because CNC has 3 majors who each invested a relatively small amount of money. CNC has a small Ontario mining city on its side. The indigenous supports are apparently in place. For now, it has a mining minister who is seemly in favour of growth. It's CEO is promoting the story to anyone who will give him a platform (some paid for by us).
What are we missing?