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Bullboard - Stock Discussion Forum Channel Resources Ltd V.CHU

TSXV:CHU - Post Discussion

Channel Resources Ltd > Marketwire on drill results
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Post by BombVark on Jan 20, 2011 10:02am

Marketwire on drill results

https://www.marketwire.com/press-release/Channel-Resources-Extends-Gold-Zones-Makes-New-Discovery-Tanlouka-Gold-Project-Burkina-TSX-VENTURE-CHU-1382973.htm

I find them pretty encouraging
Comment by Bpultra on Jan 20, 2011 11:10am
yes just bad luck on market timing the NR
Comment by ds760 on Jan 20, 2011 11:42am
This is nuts we should have been in the 40's today with this news. What horrible timing. We should bounce back strong on a better day on the markets. Amazing buy opportunity here.
Comment by okyko on Jan 20, 2011 12:51pm
theres more at play here than market timing surely.. chu is down about 5x further than most of my portfolio. what is it about mining companies and news release timing.. sheesh!
Comment by mrcashflow on Jan 20, 2011 2:57pm
 Market is certainly not impressed with these results so far. Taking a loss like this today is tough to swallow, and wears on my patience. To sum things up, it's more than likely far too late to sell now, we, as shareholders can only hope for a dead cat bounce tomorrow. Disappointing to say the least.
Comment by pointview on Jan 21, 2011 5:55am
still early, but 12m with 21.25 grams 50m northwest from discovery hole sounds pretty good to me. added more yesterday at these prices. worth the risk at these prices, imo, cheers pointview
Comment by BombVark on Jan 21, 2011 10:16am
Yes, I added a few yesterday too. Keep in mind CHU was 6 cents a share not too long ago, lots of possible profit taking. And the PP becomes free trading in Feb. If we can get an update on the Lithium project and a few more details, I would be very content
Comment by Bpultra on Jan 21, 2011 10:27am
Market is certainly not impressed with these results so far. Taking a loss like this today is tough to swallow, and wears on my patience. To sum things up, it's more than likely far too late to sell now, we, as shareholders can only hope for a dead cat bounce tomorrow. Disappointing to say the least.===============Yes the current SP has me puzzled as well ???
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