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When compared to some of the companies who have over billions we have only below 400M which is very, very low. If we can get the finances organized based on the value of assets we could move much higher in short time with the low float. This is my humble opinion.
Somebody on this board was regularly updating this information to show there were no change to the share structure. Why do you say things like this with out reading those postings.
Sorry charts never work all the time in Pink Sheet trading. Good luck to you.
I know it's frustrating to see the price drop to the current level. Company should reassure us by issuing a PR regarding the value and the financing they are working on so that we could see this trading at a reasonable price level. This has a very good potential to go over a penny but it all depends on the company.
Who the hell is interested in reading a lengthy report. All we want is to see the financing done to take this to the next level copper and then to silver soon.
I am reposting this for benefit of new investors:
GM CGRA. UPDATE FROM CHEWELAH SITE SUPERVISOR
Spoke with Rob This morning and asked him to explain to me so I could have a understanding why the PR That came out Yesterday was so Vague. His response was long so he didn't have a problem with me taking notes cause he knows I will convey anything he tells me to IHUB.
Site Supervisors Comments:
First and foremost I'm Cedar Canyon Mining Corp, Not CGRA and my thoughts on this subject are my own opinion and not influenced by Someone else.
I believe why the PR is so Vague Is CGRA is currently working on multiple Financing Deals Regarding there assets and talks with potential investors could be compromised by putting out to much info at this time.
It's my belief that any CEO would have positioned the company towards Funding prior to pulling the trigger on and asset Evaluation of this size and magnitude, resulting in Confidentiality agreements between such parties limiting the amount of info that may be released to the public, until the deals are Consummated.
I have a hard time with limiting info cause I'm very transparent, and do believe it's always best to keep your investors abreast of all that is going on both good and bad. So when I read this PR I feel some of the same frustrations that all of you are having.
So I'm going to clarify some Calculations for all of you without getting myself in trouble.
CGRA s PR Said there is 500,000,000 yards of Mag Dolomite That is True.
Let's say only 300,000,000 yards is Mineable with today's Technology.
Let's say the pre-mining gross Value is $8 a yard
That would make the pre-mining Value 2.4 Billion
Then let's say that net Potential profits from selling the Dolomite in large Blocks is 15%. That puts a net monetary Value on bulk Raw Mag Dolomite of $360,000,000.00.
Rob went on to comment that people are having a hard time with these kind of numbers cause historically Pinks Don't see Companies with real assets.
End of Explainations
My own thoughts on CGRA, I've been Your Feet on the ground for almost two years. They are growing there assets with very little cash out of pocket, growing Assets in hard enough with money but they have done it by being creative in structuring deals that are not diluting stock and is in the best interest of the share holders.
With the low float and the Dolomite estimation over 500,000,000 yards which even if valued at $2 per yard (currently I believe is $8) the value of this company asset is over a Billion. I can not understand why people are afraid to invest in this company! This should be trading over .05cts Besides they have MJ and oil revenue as well to take in to account.
The news was good the company is real and the assets are there but some reason or other this dropped down yesterday. The share should be trading above .05cts based on the news release. Some vested interest brought this down. People should realize that the company has provided us with the quantity of Dolomite in the property it's only prudent for us to figure it out and see how much it's worth. We never did that we simply dumped for no reason. Once the dust settles down this is going to bounce back to a penny.
Any idea how the L2 stands at the moment. Can someone post if for me please.
What would be the approx. value of this at the current rate??
I dont think they would put out any news this afternoon. Normally they put out news in the morning. Tomorrow or day after possible. Meanwhile buy as much you can before this trades in penny level
It's going to be over and above 54 weeks high. Only matter of time for this to move higher. Good at the current prise after the news you have to chase to get a position.
You can do anything you want nobody is worried. Good luck dont get burned.
Dump would have brought the price down instead it went up to show that the news is arround the corner. Buy now to make money next week.
After the next news release hope it's going to be next Monday this is going to open at .05 - Today is the last day to buy so hurry and buy and load up now.
Longer they take the end results should be good that is what matters here.
I wont be surprised if tomorrow the price goes up to a penny. Friday being a Federal Holiday and the market is closed. So tomorrow is the last day to buy and accumilate the shares below a penny before this goes above the penny leave by early next week. I dont think this GOLDEN OPPERTUNITY would stay too long.
I beg your pardon. You think only one or two people have pushed this to today's increase in the price. Today over 10M shares traded without any news. Just immagine if the news comes out to indicate the asset value in the property this would move up to all time high in no time. I dont think your argument does not justifiy the increase in today's price. This is a real company with proper plan and strategy worked out to make this a successful enterpise which would ofcourse increase the share price substancilly wheather you would accept it or not.
My guessing is next Monday July 6th. This could move tomorrow and day after to take this price to a penny before the next news release. Then it's going hit silver for sure
This is called pure sarcasm. How long this is going to be like this My guess is this going to change very soon.
This is real and the sales of this product is going to be huge and the price is not going to go down any further. This is the lowest you could see before this moves up to .50 cts and above in the next few days. You could see the change tomorrow itself.
But we have already got an order from Canada to supply 1Million cans. It's really amazing, this should move up very quick to it's 30 level
How long the short term is going to be. I am in this play for sometime and getting frustrated to see nothing seems to moving this up. Has anyone contacted the company to find out when we could hear the good news.
I guess facts are stubborn.
When the news comes out we will be opening at .05 and move up very fast. Today most of them did not make use the golden opportunity to buy low and cheap.
This is going to fly next week starting from Monday June 29th
It would never get filled on Monday.
I am 100% with you on what you have said here. But once it breaks the barriers nobody can stop this from moving higher. IMHO
After todays news this should be trading over .20 I don't know what is holding this from going up. This is a huge sales and there may be re-peat orders once this stock is sold out in the next couple of months. They may even increase the next order to 2 Million. This will produce huge revenue to the company in time to come
If the assets are calculated at 4.5 Billion you divide this by 350Million the value of the company will be about $12.00 This huge and mind blogging.
Somebody is trying to bring this down by baying 1000 shares at .0036 = $3.60 It's funny.
Looks like getting ready of the next run. All those who are napping could get caught with their pants down. So buy before it's too late.
I trust before the end June we could hear something from the company. Hope it's going to be a good one and will break the sub-penny level and move higher.
This would close in green today. All the people who got panic this morning have already dumped their shares. I think company has worked out some strategy and this would rebound and go ahead with the new plan will be known shortly.
You should not convince anyone here to prove your point. This company is real and when you have to get all the results of the survey to be analysed and certified before the press release it would take time. If anyone has doubts about what you say all these time they could sell and move on or wait like us for the news which is going to be sooner than later. It's really frustrating when things get delayed but we have to be little patient.
Some thing good is going to happen other wise there is no reason to cancel the special meeting.
It's looking good today. May close above .45 watch
If the people have a slightest hint that the report is not going to be good as you think, you would see people dumping the shares to move out of this play. We are all here to make money. I have certain trust in the company and it's management to keep to their commitment and release the report as promised therefore, be patient and the report is going to make this fly beyond anybody's imagination. I think the report should be out this week or early next week not too far away. Meanwhile the few who are impatient are sell their small holdings to move our never mind let them do what they want to do for me I can wait.
I am not too worried about MJ ops I am keen to seen the dolomite survey report that would push this stock to reasonable level. I am waiting patiently to see that first. All the others would enhance the value but this is the most important one I am waiting for.
Patience bring rewards. Only matter of times.