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CAMWATER $28.8 million Contract – Finance pending
Anticipated to be completed by the end of June, the funding proposals are still being evaluated by the Ministry of Economy, Planning, and Regional Development (MINEPAT).
Hopefully within 8 days we will have confirmation of the financing, and that should reverse this long slide down from .018
Source is from : https://cardinalresourcesblog.wordpress.com/2016/06/22/cameroon-projects-update-june-21-2016/
I work all night, so waking up to his tweet was what I was hoping for. I really hope there a positive market reaction once he puts the CAMWATER pr out. This has been on a downward trend for a month, and its really getting hard to just keep holding and bleeding away my gains thus far. Honestly feel I should have sold back when we were pushing 2 cents to buy back in even more now we are encroaching back to penny levels
But if we could trade with hindsight we would all be incredibly rich traders, now wouldn't we haha?
Anyway, we really need some substance to reverse the down trend of recent weeks.
I concur. I bought a million back at .0038, and might sell tomorrow to lock in my gains, unless kj has really good news on Twitter. This will pop, and I'll buy back in before it does, but for a few more weeks I think it will be a slow trickle downwards.
Where are the filings you promised?
Hey thats actually where I live. Safe travels!
I saved a screenshot of your post, I expect results.
I wonder if its taking so long to file the quarterlies because KJ wants them out at the same time. Releasing the 1st quarter might hurt stock price as theres nothing good on that, but combine it with the 2nd Q filling which will have some good profit shown on it and we will be happier. 3rd is when it will get really good however.
Going by Kevin's post on Tuesday saying "update this week" fairly reasonable to assume Friday news will arrive. unless He does weekend PR releases.
https://twitter.com/krjcardinal/status/740285034821738496
Reading further into his twitter, we see him straight up say "update late today or more likely tomorrow morning."
https://twitter.com/krjcardinal/status/740989789936201729
That came off as fairly snobbish, sorry. its late for me.
I think the price will continue to rise organically, to at least the chineese buy price of 10 cents, then a 10-1 reverse bringing shares to a dollar, the nasdaq minimum. This is all speculation of course, I've been learning stock stuff for only a few months.
I would imagine they would want a nicer buffer between the $1 threshold, so its fair to assume they might either wait longer to get bigger, or do a harder r/s, maybe 15-1 or 20-1.
I dont see a split until we meet the chinese buy price though, again, in my opinion.
I thought that was settled?
I think we may have over estimated how many shares they are going to buy back.
The PR listed the limit of 500k that will go towards buyback, but not a minimum?
This is going up in time nevertheless, but something to consider.
Im hoping with the official announcement about the CFO, we will get the quarterly reports soon. Those should shine some light.
A full dime, if I recall correctly.
These ups and downs will come repeatedly. Moving up will be a long process over time, nothing wrong with that.
Just hold steady and keep your wits about you.
As I understand it, China is keeping a tight leash on money leaving the country. This goes for every company there. The Chinese government has also been hoarding gold as well, but that's an economic discussion for another place.
Patience. Come football season we will be in very good shape I think.
I really feel this will hover sub .02 for a few weeks, before some good news on progress comes out. It will rise much further but fretting over a few slow weeks is no good.
We have received 1 part out of 3 for the first tranche right? When might we expect the other parts?
The PR here rather optimistically suggests second tranche in Q2 2016. What is a realistic projected schedule for the payment installments?
I can understand the disappointment though. Prior to your lesson the other day, I thought we were still looking at 216mn shares outstanding because thats what it says on TDameritrade. Thats a far cry from where we are, and where we are going to be it seems.
I plan to hold long nevertheless, but still, I get where he is coming from.
Considering that's well more than double the previous confirmed OS, yes, I would like exact figures.
Well technically you have made nothing, until you lock in your gains by selling. Don't count your chickens before they hatch. I always assume I will never see my invested money again. But to answer, no. Just increases the average pps you paid.
Now the shares Kevin bought, those are his his right? Separate from the company buy back? When a company buys its own shares they are essentially deleted, removing them from the o/s, reducing total shares.
Created this account because I saw someone post about this stock on the wrong board that I've been lurking. I looked SWHI up on my TDameritradeaccount, and they dont show any SEC filings, not even the important things like 8K's, 10K's, or 10Q's. Whats up with that? Is this company real? Its hard to trust without more solid info.