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This is my inflation hedge just like the silver I buy every month
On similar note seeing metals take off brings me back to 2009 the start of the $50 run. Makes me giddy
Either way. All I care about is the action we are seeing. Some selling in 8's I think is mistake. I believe we hear something this week or next and send this moving on up. Great support in 9's. If it pushes up fast I will take some profit and buy on a dip. I have enough shares now I can trade a position and keep a core.
But looking at overall market. How can it keep going up?
A lot of buying on CCM the Canadian ticker for Canarc. I think good times are a coming
Can we go past .10 today. Another 52 week high?
Let's leave the 8's behind. Bid and ask in 9's. Metals getting hot again. This is a coiled spring
Yes and it's funny to see sells of small amounts seemingly to keep pps down. Over the last few weeks we have set up great support in the 9's and it is just a matter of time before we bust forward. I also follow taho resources and they are trading at over 40 times earnings. What is typical p/e of gold silver stocks? Gltya
I'm thinking we might see a test of pushing toward .10 today. Great volume an hour into the day. Metals flying higher.
Good to see others have taken a look at Brads other company CRCUF. All indications pointing to production by years end. Share price should move again soon when they close on all financing and reveal next steps. Big future ahead for Canarc
People are starting take notice
If we can squeak past .12 in next few weeks we should make it to high teens and with good results establish more support. For a few months.
On yahoo peeps are talking about a few other symbols in similar positions. I believe we are in best position here for massive movement. I'm still buying all month.
And I don't see this getting bought out. Management style is explore and develop and make money. Which we all know they will soon.
Silver and gold keep going higher!
Looks like consolidation in high 8's low 9's is strong. This should establish a good base for future. Only gonna take some good news to pop this higher.
What's next for information coming our way?
Will set another bid tomorrow. And buy at ask if it doesn't get filled by afternoon.
A sharp drop in metals could make for a great buying opportunity.
Last I remember he kind of threw a hissy fit when he didn't get what he wanted with this stock. Oh well
Emotion and stock market are not a good mix
A push past 0.10 would be great. We have churned a bunch in the 0.09s. Really good volume. Past .10 we have .12 to contend with. I certainly can see news on other properties New Polaris pushing it hard and fast but for now I think a slow and steady rise with consolidation days. Still smiling even on down days. Have never felt more confident that we will return to previous highs in the next year. And when metals breakout it will be fun to watch.
I personally have a stack of over 500 ounces of silver that I add to monthly. A bunch of undervalued assets right now. GLTYA
Personally believe it was a good decision and based on great information. Welcome aboard. Been here awhile. Still happy.
MMs having fun today. Let's go for new highs! Ask at .098
New highs today? We will see. Good bounce back from 8's. Looks like profit taking. Move up!
Canarc Closes $449,500 Second Tranche of
Private Placement Financing
Vancouver, Canada – March 14, 2016 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) is pleased to announce that it has closed the second tranche of its private placement equity financing (the “Private Placement”) that was announced in the Company’s news release dated February 16, 2016.
The second tranche of the Private Placement consisted of the issuance of 4,994,444 units (each a “Unit”) priced at CAD$0.09 per Unit for total gross proceeds of CAD$449,500. Combined with the first and second tranches the Company has raised a total of CAD$2.04 million.
Each Unit is comprised of one common share and one-half of a share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional common share at an exercise price of CAD$0.12 for a three year period. The securities issued in the second tranche of the Private Placement are subject to a four-month hold period expiring on July 15, 2016.
A 7% finders’ fee of 311,111 units was issued to an arm’s length party for placing a portion of the Private Placement with the same terms as the units in the Private Placement.
The net proceeds of the Private Placement will be used for working capital purposes.
“Catalin Chiloflischi”
I am very confidant this will continue down the current path. At first I was not sure why we changed leadership but I see the strength we added. I have been pleased with all decisions. It's the reason I buy more when I can. Confidence in leadership. The last move with no dilution nailed it for me. Think of the future. Production. New Polaris developed. I'm giddy
Plus I don't believe in superstition
That was quick on financing. Everything feels so right. So something bad will happen correct. I have been here too long to know that. Ha
Have to assume more and more attention will be paid to this area and this stock each day. Will be some profit taking here and there but I like a slow steady climb. Very happy
52 week high break today? Who is buying more? I am
Up good on good volume. Somebody know something?? Just the beginning or head fake?
Canarc Arranges CA$2.0 Million Private Placement Financing; Provides El Compas Mine Project
Financing Update
Vancouver, Canada – February 16, 2016 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) announces that it has arranged a non-brokered private placement equity financing (the “Private Placement”) to raise aggregate gross proceeds of up to CAD$2.0 million, in which certain insiders and existing shareholders intend to participate. The Private Placement will consist of the issuance by the Company of up to 22.2 million units (each a “Unit”) at a price of CAD$0.09 per Unit.
Each Unit will consist of one common share (a “Share”) and one half of one common share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share at an exercise price of CAD$0.12 for a three year period. A 7% cash finders’ fee will be paid to certain arms-length parties for placing a portion of the Private Placement.
The Private Placement is subject to Toronto Stock Exchange approval. The securities issued in connection with the Private Placement, which may be closed in tranches, will be subject to a hold period expiring four months and one day after the applicable closing of the Private Placement. The net proceeds of the Private Placement will be used for working capital purposes.
El Compas Mine Project Financing Update
With the completion of the Preliminary Economic Assessment for the El Compass mine project and the signing of the processing plant lease agreement, Canarc is now focused on arranging the estimated US$8 million in pre-production capital financing needed to develop the mine, refurbish the plant and commence production. Several groups have expressed interest in providing project financing and discussions are now underway.
“Catalin Chiloflischi”
____________________
Catalin Chiloflischi, CEO
CANARC RESOURCE CORP.
I know people are looking to get their initial investment back and get around $.15 to .24 but I am looking for higher before I even think about selling any.
Will also add this is not a unicorn stock. This will continue to grow and price will ascend slowly. Excited for the realness of this situation.
Many of us have stuck with this stock due to Cookes involvement and experience. Would love to see the price we were at years ago. GLTYA
Nice action going on. Keep it up!
Still time to load up and wait. Been waiting long enough. Another couple of months won't hurt
Not thinking it will go any lower at this point?
Getting any with this drop? More year end selling
Annoying. Have had that happen too many times.
No. Took mine off of a much lower one. Just waiting.
Same here. Will put orders in at .03 too. Good luck
Wow. What the heck? Year end selling? Haven't seen 2's in a long time
So MHR bankruptcy will guarantee GRH gets paid? How does this not follow suit with MHR? Evans is a crook
Ronald walker a director of the company sold 196,000 shares last week. I was hoping for opposite. Great time to buy if they have confidence in company
Nothing new. Just waiting. If I get any extra cash I still think this is a great entry. We had a lot less years ago with a much higher pps. The pressure on metals is astronomical.
Gltya