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Bullboard - Stock Discussion Forum Cornish Metals Inc V.CUSN

Alternate Symbol(s):  SBWFF

Cornish Metals Inc. is a Canada-based mineral exploration and development company focused on advancing its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom. The 100% owned and fully permitted South Crofty tin project is a strategic tin asset and is located in the Central Mining District of Cornwall, in the towns of Pool and Camborne, United Kingdom. The project’s... see more

TSXV:CUSN - Post Discussion

Cornish Metals Inc > What's with the price drop?
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Post by OracleOfOttawa on Feb 17, 2021 12:31pm

What's with the price drop?

I guess people were disappointed with the AIM rollout? I'm happy with the extra money to use and the debt "forgiveness" just by itself. Now that it trades on two exchanges, there is the possibility of arbitrage but i think the AIM will increase up to the TSX rather than us going down, in the long term.

I have been watching the AIM closely and there were 27M trades yesterday, 28M today - kind of reminds me of a few weeks back when we were sitting at 10 cents and anyone who wanted some could get some. On the AIM, there are lots of big trades, some over 1M, tons over 100K so I think once this settles down in a few days, we will see the price increase. And remember, 1 pence is 1.7 pennies :)

Good luck everyone.
Comment by mrsgoldminer on Feb 17, 2021 12:53pm
Next move will be the next drilling stage that will take place.I expect big numbers.Having two big plays like TIN and Copper  all good They will let the locals in on a fair price Buy on dips By the way Ottawa sucks  lol
Comment by figtrader on Feb 17, 2021 1:44pm
Buy the dips !! The upcoming drilling will prove there are more BONANZA grades of both COPPER AND TIN. And REread the drilling report from South Crofty from last year. The drilling there  surprised even the owners in addition to the resources they know were there from before the 1999 closure which are NI 43-101 compliant (2016)
Comment by figtrader on Feb 17, 2021 1:29pm
It seems to me that the rollout on the AIM is geared to very large investors. If you read the chatroom banter, potential investors are unhappy that they can't seem to get any fills on their bids.  It's a convuloted rollout to resell shares by large  buyers to small investors.   So don't be selling on the Canadian exchange. Prices on the AIM will soon be leading ...more  
Comment by OracleOfOttawa on Feb 17, 2021 1:54pm
Yes, I noticed that if you wanted less than 20K shares, you were paying around 10.5, but if you wanted a million, well it's 9.3 for you !