Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I usually check in on this board every morning for a few minutes.... not sure why I bother, probably time to tune it out !!!!
Wasn’t the only one who saw it
https://stockhouse.com/companies/bullboard?symbol=v.cuda
Someone playing games , finished down
Someone had mentioned this but I also thought we where due a LOI on cuda ... hmmmmm !
Almost 2million on the ask for cuda shares , now for a company that for months now does a couple of hundred on a daily basis ?????????? Just keeps getting bizarre
I think people’s expectations in the share now are slowly coming down , really don’t know , whatever happened to the 5p party or was it 10 ..... but , the only thing I might add to the conversation is part of me wishes they had dealt with this internally , controversy, albeit good , is still controversy... seem to have a handle on it now so let’s see where this heads
Remember that 90% of the float is on the LSE and Canada is generally a small market, we still trade half a penny till .50 cents and then one penny increases .... anyways enough of all that !
HFB... humorous how you continue to bash on the Canadian markets as the focus of the problem, when it’s obvious what the problem is or hopefully was
Point taken ... probably a few arguments here ... hopefully we’ve turned the corner now
Thought I would post this , from the Canadian side ,have a read , his response to all the nonsense... Art has now declined to do the Q&A interview after seeing the questions that were going to be asked, this was his response: ” It is well apparent from reading the questions you sent Zak that the unsophisticated investor on the “Boards” have blamed the performance of our stock on my actions personally and/or have been questioning the Company’s disclosure in the Prospectus dated August 16, 2021 and its subsequent press releases. We too have been concerned about our share price behavior and have been suspicious of the trading patterns. Attached is a chart which I downloaded from the LSE website late afternoon yesterday. The trading period is from re-admission August 17 to September 30. You will see clearly that a Cabal of traders likely through “spread betting” accounts has had a trading Box on our stock for three cycles during this period. I also note that during this trading period we traded approximately 18 billion shares representing approximately 1.1 X our shares on issue. The Box parameters are: • Period: 10 trading days • Spread: 0.06p • High Volume Settlement at closing of the Box classified as “off market” trades post market close I should note, that Spread Betting trading firms do not require the bettor(s) to hold or have access to the underlying security as would be with a CFD. The bettor(s) in this case only have to have the assets to back the bet, and to claim the gains tax free they must appear to be independent of the bet . The trade only works through short selling and thus inherently has a naked component. In addition, to be successful two or more parties have to be involved to give the appearance of normal trading, but in all respects are working in concert. If I am right which I am certain, serious market abuse has been perpetrated on COPL stock trading. I estimate this group has made in excess of £5 million in trading profits through these three cycles. The consolidation of COPL stock possibly will put an end to this. Unfortunately the small investor is damaged by this type of organized activity. COPL’s pre-consolidation trading volume camouflaged each cycle as it would look as an aberration, but in our case there are two trading cycles between disclosure to the market. Rather than answering the questions from the “Private Investors”, I would request you to share my chart analysis and my thoughts as outlined above. Rest assured the Company is investigating and if your cadre feel they have been abused I suggest a large complaint to the FCA to augment the Companys. Best
Hmmmmm! https://www.thecse.com/en/listings/oil-and-gas/canadian-overseas-petroleum-limited
The only thing I might add is , I’m sure he’s been flooded with emails and no answer, leads me to think consolidation is going ahead, which I personally think needs to happen ... as far as a placing, don’t know why that would go through, not seeing the need , but with that we all know “ money doesn’t grow on trees” ... giving him the benefit right now , should be a wild Monday
Also we should be hearing about a LOI on cuda by end of next week
Same thing day after day ... I think it’s obvious there are a couple flipping in and out on a almost daily basis
We are benefiting from the current oil prices
Allowing a stock to trade under a half a penny is well , ridiculous.. only for the day traders and shorters , not the investors
TSX and the CSE trade in both the same way , going to the TSX isn’t going to happen and frankly that’s not the problem ..
Thought this was pretty interesting or should I say frustrating , hmmm ! https://archive.is/KSS6m
Decent volume in Canada today, disappointing to not to it rise , but we are rinsing through ?????????