Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi CawCaw
The CSE has got a large liquidity injection at the half penny cad price point. All trades according to the exchange are being sold by "Anonymous" to all buyers. The transactions are actually going through each major financial organization 1 by one. Very interesting to see, and Im happy to top up again.
Check out Recent Trades tab on the CSE. Its now selling specifically to RF Securities, previous bank before that was CIBC.
Very happy to see volume kicking back up.
I don't think the majority of Canadian investors, institutional or PI will wake up to this until the market moves significantly on the CSE.
I work down the street from Art and am willing to advertise with a megaphone wearing my plaid shirt and holding my hockey stick ;)
I believe the canada will just follow LSE in price action.
Ha exactly! :) ill be sad not to get the fill at 0.005 but ecstatic price is moving up. I believe volume in shares traded, precedes price movement. Roughly 5.5 billion shares traded on the LSE in June, 33.7 million on CSE... biggest spikes on both chats. Ever. I smell a trend change, institutional investors will too.
Hi CawCaw,
I had the same thing happen to me last week. I just set my limit buy at 0.005 cad to expire by the end of the week. It was filled next day.
There seems to be less and less shares available to buy at the 0.005 mark. Good sign, but if copl sinks below 0.30 pence, there will be market Arbitrage (buying shares from the LSE and selling on the CSE for a %gain).
Imo the market is just resting before another move up... time for more accumulation.
More shares at 0.005 cad can always pop up on the CSE exchange. Until the LSE is up around 0.6 p price will more than likely play ping pong between 0.005 and 0.01. I have been watching the CSE for 4 years now, just seeing volume is exciting :)
LSE is definitely the driver here. We will be following your lead.
No problem at all. The Asks at 0.005 are now gone so I think more shares were put up selling at this price point. This could be from the Arbitrage (copl to xop exchange), however now that our two exchanges are relatively equal... we shouldn't see too much of that.
Market Makers are probably getting shares ready to move this up. But just closing here at 0.01 would be fantastic.
Hi Billthebank, all the shares at 0.005 cad have been soaked up. We have 692,000 on Bid and a decent wall of 20,000,000 shares Ask. No bidders want to buy at .01 yet... wont last long however.
This investment at a penny is dirt cheap imo. Once an institution gets wind of this... it will fly here.
Hi Dusterhater, I am in Calgary Canada. I have been buying into COPL on the Canadian side for a long time now.
Will do Sha, the CSE is showing an opening bid of 5.1 mil shares at the moment. Thats the highest ive seen in in 3 years.
The ask side is only 4.2 mil right now. Also... the firat time I have seen that seen that.
100% move on the horizon here.
I imagine they are wanting to get this done very soon as well. Although I wish I could hear Arts perspective now, I am sure he will release a podcast soon.
I work down the street from him, maybe I should start blowing blowfish on the windows and paint Go Art across my chest to encourage him. :-P
Gives us CSE investors time to accumulate I suppose, we will get there.
I was getting excited about the CSE potentially moving up a bit too Oilberta. I have been watching it for years. Unfortutaly Arbitrage- selling shares from the LSE to CSE is going on, and they are making a huge profit.
Once COPL moves up to around .30 GBX (roughly 0.005 CAD) we will see that end and can see our investment move up. Looking forward to that day.