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Bullboard - Stock Discussion Forum Cornerstone Capital Resources Inc CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.

OTCPK:CTNXF - Post Discussion

View:
Post by ClockKing11 on Oct 25, 2021 10:36pm

Go Figure

So 11 days ago 673K shares dumped dropped Cornerstone stock 1.6 percent.

Today a mere 25K shares purchased spiked Cornerstone stock north 8.56 percent.

So what if someone purchased 673 shares today.   How high might Cornestone's price go?
Comment by RatPatrol on Oct 28, 2021 10:53pm
I wouldn't worry a lot, Clockking11, CGP has only 36 million shares outstanding, and many if not a majority of those shares consist of large blocks.  So the daily trading patterns include moments of illiquidity as one of those blocks is changing hands. Just as you point out. We all have to get accustomed to this sort of "blockiness" with stocks like CGP. CGP and SolGold ...more  
Comment by ClockKing11 on Oct 31, 2021 1:04pm
 "CGP has only 36 million shares outstanding" Thats a heartening thought for retail investors.
Comment by RatPatrol on Nov 08, 2021 12:27pm
So you can now see the upward "spikiness" on the 3-month chart, clockking11. These are possibly larger buyers wanting to build positions. Each of these bigger buyers needs to be careful of the next one' or their purchases will drive the price too high. And ALL BUYERS are today working against the clock; release of Cascabel's PFS likely this month should force an upward re ...more  
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