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This is cheap now for the potential. Once all the shares have been cleared and any hint of revenues this will rocket
Only see this RNS as a positive for the company at the current point. It also shows what this finance will be used for, so a defined plan too.
Gold.
Good idea and smart move if our man in Morocco is good “· The Company is also in discussions with a leading global commodity trading group that would like CMR to act as its Moroccan partner to source and supply certain minerals for its global supply chain. Trading in metals and potentially industrial minerals, either in a partnership or individually, provides the Company with an opportunity for near-term cash flows
14ish mil shares in nice round chunks 100k or more since 7/3/24, finger in the air guess at ~4-5m of his shares and others that may have bailed need to find a short term loving home in the market, then recovery. ie £60-80k worth of volume at current.
not much volume here normally, croppers accumulation took up alot of the volume in the past too, so could take a while if volume slows down to the more regular levels, (it shouldnt its half price, so volume should be double plus the historical average)
news might be a required catalyst
In for a punt, oversold.
Like the interview - good infrastructure in Morocco and they believe they can take it to production quite quickly, nice.
Falling away from 1.8p
Interview looks great and new CEO getting This company to become key player for copper!!
https://youtu.be/nTfAIwaJ_yk?si=LAk49tZKhiNCLxem
Looks like we’ve cleared the surplus stock from the seller
Good volume here today
Looks as it’s setting up nicely for next week
Hardly any stock left with mms
Seller Crashed sp, now He's out..... Get ready for the bounce
They still waiting for the final $200k to come in that was due Dec?
I see the normal chatter of funding on the other BB - (like people expect miracles from a microcap) - but would be very odd especially after the large director buying in Jan at 3.75p
Maybe Jason Cropper thought he has mining knowledge, but found selling vapes was for him not copper, who knows..... maybe he wanted to have his say in the company and Directors thought he lacked experience.
whatever the reason Jason sold his 23%, so he's out,
unless he wants back in he'll probably pay 100% premium.
Probably distressed seller, seen it many times
It is a game
look at CMRS official X twitter account
@CriticalMinRes
some huge grades pic's of copper and the area looks full of high grade copper
Anyone work out why he sold in end?
To work up a holding that size for 5/6 months and then dump it in a single day presumably at a large loss is a bit odd to say the least.
Not posted,
just a reminder next week could see it goes on a run,
seller is out.... also Copper Grades are outstanding
Slightly Off Topic, but nevertheless helps the region https://www.express.co.uk/news/world/1874016/spain-africa-underwater-tunnel-project-gibraltar-strait/amp
From a message volume point of view its down, but then the usual suspects were ramping it to the heavens, likely to try to create liquidity to help the seller out. That account is deleted now I think?
Buying volume down too but I bought in just before yesterday's RNS as I think its undervalued and has the selling pressure removed. Funding needed at some point but I'm just not bothered at least lowly level, will hold and re assess end of year.
GLA
Its probably going to be quiet for some time - lets see how patient the 23% holders are!!