Canadian Manganese Company Inc N.CDMN

New Listing

[babybunny]

There are plenty of us former Minco shareholders holding spun-out shares of Canadian Manganese , Buchans, and Minco. 

Because it took so long for this first listing to happen, shareholders are impatient to cash in, and therefore selling pressure has overwhelmed buying pressure since the listing went live a few weeks ago.  

I think Canadian Manganese should pop well above the 22c range where private transactions were priced prior to the listing.  But the selling pressure needs to abate first ... and I think it will within a month or two.  In the meantime, I am happy to add to my position at current bargain prices.

[ja_prufrock]

BB, Thanks for the input and your views. Regards, JA

[babybunny]

Looks as though I was right about the selling pressure abating after a month or two.   I think CDMN has a long way to move past 40c.  All the stars are aligned:  a strong spot commodity price, skyrocketing expectations of future demand, and a Canadian government that has made manganese mining a strategic priority. There are still a few legacy Minco shareholders selling off