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when is news due on Hinoba mate ?? or could it be anytime ????
it may have a move here --- MARL took a few days before it took off ...........
today --- seems very interesting --- it would be nice to get another MARL move ..... def simliarties .....
Some decent buying here, 500K, 225k and 250K chunks. Maybe the Daily Mail snippet was just the ticket to show bargain hunters cash really is 4p a share. Markets likes these sort of stocks on recovery which have fallen heavily and have cash & assets at multiples of current price.
http://www.thisismoney.co.uk/money/markets/article-2416841/Bidder-willing-pay-50-share-Multimedia-Games.html Shares of Copper Development Corporation closed flat at 2.38p but dealers say a re-rating could now be in the cards. It comes after a big overhang of stock, believed to be 10 per cent of the share capital, was placed at 2p a pop. The company, which holds interests in two copper projects located on the island of Negros in the Philippines, is said to have cash in the bank equivalent of 4p a share.
Got 50,000 shares as a punt based on 4p cash, seller clearing out, and the Daily Mail snippet today. Also, pointing to a break-out on the chart after consolidation. DYOR.
sev*n mill trade az just gone thro the cnbc ticker...think it was a s*ll....
Think the game changer here will be news on jv, the dispute with bassay and delay with permit and conflicting viability of bassay adds to the confution and no wonder sp is sat where it is.maybe news leaked as increased volume sign there could be some progress.
From current sp and possible update on permits theres a good chance for a nice return here aftwr all they are sirting on a lot of copper.
I got impaled on the 6p spike here Sold up a while ago and bought MARL So I more than recouped my loss on CDC Hate to sell at a big loss but sometimes it is the most profitable course of action
Also at current sp the upside far outweighs the downside, directors bought at 3p in december too.
The company is confident permit will be approved they ususlly are in the end .the legal claim for part of the land appears totally unfounded but obviously has played main part in causing delay.volume has picked up maybe news due just speculation.
From what i understand they have 2 licences - one which they are not sure if the own and the others in a war zone hence current price
Got an average of 6p here, any hope of that could be years away . But they did have a broker target of 90p once lol. I wonder who loaded up ???? This is my biggest loser ever .....is there hope ????
Basay permit , long overdue similar to marl in respect to permits and look how that has moved.sp close to year low so lots of upside.
Not playing ball with the spread.
Got to do the school run !.back to the real world.
Cheers - gl mate. I wont spoil your rise by buying any! :D
Just bought in for 2.55p.
Just spottedf this - worth a trade? Lol - no funds what am I saying?
off back ta work,wotta a 3 hours.lol.. byeeeeeeee...
ime in,but all hinges on the permit that's needed,so a bit risky if it gets kicked out,mountains of copper though...