Bullboard - Stock Discussion Forum Comstock Metals Ltd V.CSL.H

Alternate Symbol(s): CMMMF

Metals & Mining Industrial Metals & Minerals

Comstock Metals Ltd. is a Canada-based company. The Company is focused on identifying new opportunities. The Company is considering various options, including the acquisition and exploration of new projects.

Add To Watchlist

TSXV:CSL.H - Post Discussion

Comstock Metals Ltd > CSL

View:

Post by SuperMoney on Mar 05, 2019 11:29am

CSL

Based on the following financial report:

https://www.sedar.com/CheckCode.do

As of December 31, 2018, the Company has working capital of $3,493,749. This is higher than the current market Cap ($3.2 million), which means the current share price may likely have been distorted by the market given the company also has good assets/projects with great potentials.

As an observation, ITG (14) has been selling very small amount of shares at 0.035 every few minutes. Please see the following tradings at:

https://www.stockwatch.com/Quote/Detail.aspx?symbol=CSL&region=C

Recent Trades - Last 10 of 20

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
10:42:05	V	0.035		5,000	7 TD Sec	14 ITG	K
10:37:04	V	0.035		5,000	7 TD Sec	14 ITG	K
10:32:02	V	0.035		5,000	7 TD Sec	14 ITG	K
10:27:00	V	0.035		5,000	7 TD Sec	14 ITG	K
10:21:59	V	0.035		5,000	7 TD Sec	14 ITG	K
10:16:57	V	0.035		5,000	7 TD Sec	14 ITG	K
10:11:57	V	0.035		5,000	7 TD Sec	14 ITG	K
10:06:55	V	0.035		5,000	7 TD Sec	14 ITG	K
10:01:54	V	0.035		5,000	7 TD Sec	14 ITG	K
09:56:53	V	0.035		5,000	7 TD Sec	14 ITG	K

However, although ITG keeps selling at 0.035, the bids at 0.035 are surging up now. Clearly, people are accumulating the cheap shares at 0.035 from this seller. Once the strange seller (ITG) is gone, the market will likely correct the share price instantly.

GLTA.

Warning: this is only my opinion/observations. It is NOT any investment advice. Do your own DD.

128