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Try not to worry about the SP, we all saw some very large trades (one for c£400k I think) last week so in my opinion there is a lot going on in the background. Patience is all that's required as per usual!
Yep, been burnt using them before, never again, the MM's can see them unless you specifically tick a box on your share account when you set them up. They obviously had a big order put in around the 3p mark so dropped it to trigger the stop losses they could see. How it's legal I don't know but the old excuse is that they are the 'Market Makers' & they seem to be able to do what they want! I remember the day they dropped Rockhopper (c50% from memory!) in a few minutes & then it was back up to where it had been within 15/20 minutes - horrible!!!
Looks like they'll be heading for a new record as almost 650,000 traded in the first 50 minutes! I think HFB said the record post the 100-1 share consolidation was c1.3m trades. Sounds like games being played so it will be interesting to see how it plays out up until their close at 21:00 UK time.
39.99!!!
I think it's going to go soon though & hopefully strong volume in both USA & Canada will underpin the 40's & then push on. With what we've discovered under Wyoming value will out, patience all!!!
It will be interesting to see what happens on the OTC today with their day off yesterday. Hopefully they'll be following their neighbours & piling in!!!
Typical, it broke it while I was typing my last post, keep it up Canada!!!
It would be nice to see Canada break through the 70 cent barrier by close of trading at 21:00 UK time. It did hit 82c momentarily last week (Tuesday I think) - that would definitely set us up for an attack on 40p here tomorrow. Volume looking strong again at almost 700,000 with over 3 hours to go!
Looks like our Canuck friends are going to run with the COPL baton! Hopefully they can push this a lot further into close & give the London MM's something to think about tomorrow, like pushing through 40p for starters!
Not sure what exchange rate you're using there @markshaw as it closer to 39p.
Yes, a very good day, good consolidation & now building good support in the 30's by the looks of it. Hopefully Canada's volume can keep up for the next 4 & a half hours. GLA.
Or should that be...
Shouston - we have lift off!!!!
I don't think debt is going to be an issue, the majors will no doubt be keeping a very close eye on little (not for long!) COPL!!!
Looks like the MM's were listening to me when I typed that last post!!! ;-)
A great start to the week so far & I can only see it getting better. Come on MM's, let her go, let's break through 40p today & push on to 50p. Still an absolute pittance for what COPL now have!!! With the oil price exploding too I will be very surprised if we don't break through the £1 barrier in the next week or two. GLA.
Can't wait until 8:00 tomorrow (or 7:00 if there is another positive RNS!) as news seems to be spreading like wildfire about little old COPL & our transformational discovery. I can imagine a lot of investors have been doing their research over the weekend & will be ready to take a position this coming week. The good thing about the position that COPL is in is that any investors research isn't going to lead to the shall I/shan't I decision but the how much money can I scrape together to invest because this is an absolute no brainer!!! GLA - I have a feeling that this is going to be a quite spectacular 2022 for COPL & her investors. It's been said a few times on here but worth reiterating - these opportunities do not come along many times in an investors lifetime, if you're in well done but spread the word to family, friends, strangers on the bus/train, anybody!!!
Not Cuba but CUDA, our partner in the acreage that went into receivership.
Come on our Canuck friends, throw the bloomin' kitchen sink at this, you know it makes sense. This liquid is much better than maple syrup!!!
Not a ramp, just a bit of Friday afternoon lightheartedness.
Having a very good feeling about today, have the weeks games been played & time for the market to fully react to the transformational news? There will be plenty of sells as traders take their 10/15% but this is an investors dream. As many have said here, with years of O&G investing experience between them, the likes of this discovery are few & far between in recent years so don't bail out for a great profit, stay the distance & make some serious returns. GLA.
Seriously!!!
Also remember that this is the first weekend since the RNS dropped so should hopefully get some column inches in some of the papers (old school things I know!). There are still a huge amount of potential investors who are yet to discover COPL & they will want to get in on the action, who wouldn't?!?