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I wonder if its ETMM or if its the people placing the orders on Etrade at random prices that allow him to go down there and manipulate. Etrader's are probably the newest of newbs...don't exactly know if it works that way though.
We probably wont because of the delay at the port....have to wait for q2 unless they can count the inventory (the ore they already pulled out of the ground)....im not an accountant so I have no idea. Q2 will look great but if CE isnt removed by then this thing will be ultra low....it already is!
Emily stated that they are keeping it at the mine to save on the costs of holding the ore at the port. If they have all of these trucks I would imagine it doesnt take that long to move what they need for another Kriton size ship.
One of the good things about these "Waste piles" is that within years there will be better tech available to pull extra higher quantities of Ore from the tailings, so well be able to pull some extra million$$$.
While obviously not ideal that the stock price is down 80%, 3 months from now if/when we get that 80%+ back a bunch of us IRON BALLERS will have made a crap-ton more money, because we are relying on the share price of a producing Iron-Ore mine, and not hanging on the setbacks that arise from a brand new outfit. Even if there production is super-slow (which it wont be), they are still shipping multimillion dollar shipments of iron ore with huge profit margins! The stock is worth more than 3 cents! sweeeet!
You've only lost if you sold. If I'm ashareholder who just watched my stock jump up 1000+% on the FUNDAMENTALS of the company in a couple months, I'm not only holding here but I'm dumping in every last penny I have to snatch up shares, laughing hilariously at the people next to me who got cold feet for no reason other than time passing and weak news occured, but in that time we became a producer, which is not exactly weak news. I like someone who said these people "imploded in mindless self-doubt"....actually not being able to grasp the concept that something is *not* too good to be true....because they've been trained their whole lives to be skeptical and refuse to acknowledge the orgy of information available for DD. It's a crap-ton easier to get information on companies now than it was even 5 years ago, and forget about 20! If you put your time in some of these "high risk" stocks aren't actually that high risk because you can track down 99% of what is going on....but the environment in which they trade in is. That's why you pick the ones that can blast through the BS down here in pennyland. We're fueling back up right now....IMO.
I find the lack of information definitely questionable simply because another route can be taken (disclosing info instead of not doing), but I'm the type of person who will give you the shirt off his back.
Thats my strategy as well. They did a REALLY good job of shaking out some people the last couple weeks. There weren't this many shares available when we were up at 2.5cents. Those dummys deserve what they get....NO upside!
I'm going to want any and all advice for my trip down to Ensenada. You all have 30 days to pound my mailbox with advice and questions. I'll only ask what I feel is proper however. Hoping to get a tour from the man himself. Should be a boatload of fun (hopefully pun intended)!
Yup I agree. It looks like all of the longs are out of Dry Powder....prices this low and low volume to boot. Still waiting on mine. I have a fever and the only cure is 200k more CWRN shares.
Where O where is my DRY Powder....im going to cry if I mis this opportunity.
First week in June...I'm bringing as much tech for pictures/videos as I can lol.
What is the hotel down in Ensenada that provides the good view of the dock? I know it was posted awhile back but I can't find it. Any help would be appreciated.
You'll hear plenty from both sides....read the DD up top and you'll see this thing is the real deal. Ignore the cretins.
The companies fundamentals HAVEN't changed....still ridiculously awesome. Booooorrrrinnnnng.
I dont know Ill be going in June. They better be doing something!
Ill be buying the whole way down!
Gonna check out the port of Ensenada and check out the mine with my own eyeballs. A buddy wants to make the drive with me....from Wisconsin to Mexico baybay!
Going to Ensenada first week of June...see you all there.
Freaking Bargain basement prices....as some of the people like to put it, WHERE IS MY DAMN DRY POWDER.
Yep....that delay where the Kriton had to park and wait cost us revenue on the first quarter financials I think. I would think that could cause a decent dip in price once they come out. Then we'll have to wait till Q2, but it will be beaauuutiful. The CE removal seems to be the only other real big catalyst in the meantime, unless they announce future project(s). Had to be fun watching the stock run up to .03 from .000s or .0000s....looking forward to it going the rest of the way.
The obvious reason (an opinion) to me, and as I stated in a previous post as morally questionable, is that he plans a buyback and he doesn't legally have to release these pieces of information at their current listing. With plans to buyback it benefits Bob to have share price lower....BUT you are walking a VERY fine line if you are Bob as far as the investors are concerned. I can only positively speculate (or spin lol), like I did before, that it gives the longs who are holding more chance to add at lower levels until those things do come off.....I mean, do you *really* think you are going to sell without seeing where we go? I couldn't. The fundamentals HAVEN'T changed, save for a delay on production LEVELS...(with the price of ore moving north this actually benefits us long-term, but I'd trade that bit of upside for some consistency). We just didn't get the pop we thought when the ship went out so it caused a lot of second guessing, which bred more second guessing, which is now breeding MORE second guessing (third guessing?). I'll add at all of those "second guessing" dips, and when we *FINALLY* move where we should, the party will be sweet.
I own plenty (as many as I can), and am adding a significant pile (by my standards) next week. I started buying in in January so my patience isn't completely gone yet. My understanding is CE is gone once the financials are done, so that'll be a double-positive once we get there.
I see where you are coming from. But honestly, startups take alot of time to get firing on all cylinders (speaking from experience). They seem more interested in production at this time then what is going on in Pinkyland. He probably feels that the investors that truly believe in this stock are going nowhere and this low price is an easy way for them to add. I'm almost as impatient as the next guy, and I'm ready for this thing to start taking off, but things do not run smoothly out there in the real world. We stare at our computer screens everyday and wait, while hes out there in the field doing who knows what. He's running a multi-multi-million dollar operation in Mexico with almost no front office at all, so I understand if things show up late. It's been the typical pattern of CWRN. Deliver on the PR's, but do it way after the fact.
He puts out these Pr's based on a timeline he has written down on paper, but upon implementation hes always late...why? Because hes never done this before and hes writing it as he goes along. I think alot of the tardyness comes from Bobs desire to please the shareholders. He looks at these PRS and his data and thinks "What is the earliest I can possibly get this done" and he throws that out in the PR...because we are constantly demanding up-to-date self serving news. He doesn't have a team of consultants that hold his hand every step of way like these big companies do, so there will be blunders like this. I still feel all is right with CWRN. GL!
It would definitely rattle some cages if it got down under a penny, it could tank to .008 or .006. That would be crazy unbelievable but I would load the f### up thats for sure! What a gift that would be, WOW. Either way, this price is awesome as well....there just cant be that many weak hands out there any more are there? Bobs buying will surely get the rest of them out and then some. soooooon.
I believe it was confirmed that that had something to do with Nigeria, thats it.
With these companies dealing with BILLION dollar contracts I would expect the volume on this stock to be much larger. Trading under $250,000 a day right now? I guess when that starts getting into the millions where it belongs this thing will really start moving, but any ideas why volume is so non-existant...just uncertainty? Thanks in advance.
Theres interest in this stock. you guys r goin higher...Im one of many who will be jumping in on monday is my guess. gltua
Sorry I called G-56 not G-54. You'll have to go sit back down and try again.
Not surprised by that....don't see it as a full on negative...should probably get some cheap shares out of it.
I agree. When Bob starts buying we are going to *feel* it. There aren't too many left to shake out at this point, so when that type of $$$ starts moving into to scoop up shares, we are going to go for a ride. Maybe not the first ships $$$, but I wouldnt be suprised to see a good move after the 2nd shipment from Bob alone. Gunna be fun to watch either way.
Yep Mhmm....While this could be morally questionable in some respects it also makes complete sense, at they aren't breaking any laws by keeping some information from the shareholders. Getting shares at this level is a complete freaking gift. I started my buying in the 2.2 to 2.7 range, and I couldn't believe the deal I was getting then! Thought automatic 10 bagger for my money at least within 2 years. Now....the gloves have come off and I'm looking for the next income bracket. GO CWRN!!!
Have been....will do, thanks. GLTU as well.
I've briefly skimmed the DD, and was planning on putting in a buy on Monday based on what I saw up there. But that report doesnt sound like the DD up above. Is the merger basically saving their lives, because it says they dont even have the $2million they need for their project, unless that part of it was done before they got their $50 million they are claiming to have? Not a basher I need explanations please.
Did you guys even read the 10k? Its sounds awful to me! And Im usually a positive thinker on this stocks. Can someone explain to me why the stock went up 30% on THAT report. Is it just because it was a knee-jerk reaction to news?
Buying on the dip.
Agree...I held off today too.
Looks like Monday is shaping up to be a good buy day.
Yep!! The lower it goes the more I want! Damn straight!
Great post. Adding more tommorow (was going to anyhow).
Its not a loss until you sell. I would imagine most people invest in Penny stocks with money they can afford to lose. Otherwise they don't belong here in the first place.