Cardinal Resources Inc fka CDNL

[lowtrade]

If your going to talk about the large volume at the very start of the climb. I understand it and that is normal. Just insiders loading before the stock move. You always see a price pull down pre funding and a volume surge pre come back.

Yes I'm new here. But I've seen this many many times before. I feel the CEO is a strong business manager. And honest. But event those types of people do what's needed to get their business plan executed.

This thing has one thing others on the OTC doesn't. The DEC China deal. IMO that NOV/ DEC price move was actually created to show China; CDNL stock could run that high without much problems. Why else would one think China would except 10 cents a share when the stock price yearly true value was hovering about a nickel.

http://stockcharts.com/h-sc/ui?s=CDNL&p=D&yr=1&mn=0&dy=0&id=p05470577187

Look at the chart; price walk down. .005 a funding level a VC funding deal for 11 mil shares. OCT. NOV China talks start price and a lightning strike run, confirming it's possible. IMO that was the 11mil 10% owner VC acting as I posted about.

A run for profits which also proved it could be done. DEC the China deal doc's signed. The price remain up till the company wanted some interim cash in FEB & APR. So the price falls back to funding level. Those close and China funds. Insiders load and the come back starts.

This all make sense to me. Seen it before. But why no VC selling yet is in question. Hope it's because they have inside info about odds of completing China. And Cardinal Resources reaching business goals.