CUL - Cullen Resources
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doctorj
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I don't know that you command that kind of respect just yet YT. I think your timing was more coincidental than anything. Turning over such a large proportion of their share cap is an indication that either some hardcore pumpers and dumpers are taking people to town en masse or something is actually happening.What have I created?
For holders I hope its the latter.
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I saw that, crazy absolutely crazy, I didn't think it would clear 8c today,
What have I created?
But like I said all along traders can do as they like, the fundamentals will always eventually shine through
And for CUL there was always very strong fundamentals demanding a re-rating of the stock
Well YT what a day we have all had.. First YML then CUL finished off with a great close. it seems like people want to get into the action as the bidding is growing for CUL after 4pm .... Anyway thanks for all the research and time you have spent on them YT.... I'm still holding tight....
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Nice work !!!! That was a good strong Finish... this stock had a tendency to go low, then high and then finish where it started, but to finish on it's high of 8.7 cents and trade 50mil.
what was that band called.... Happy Mondays????
what was that band called.... Happy Mondays????
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Bugga...I sold out at .075 for a nice profit, but a bit pissy I could of had heaps more. OH well...a profit is a profit so I guess I shouldn't complain. One day I will learn to stop selling too early
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Bugga...I sold out at .075 for a nice profit, but a bit pissy I could of had heaps more. OH well...a profit is a profit so I guess I shouldn't complain. One day I will learn to stop selling too early
I sold my little whole order at 0.077.
It is a pity.
But I am learning. To me not a bad.
I am think buy back tomorrow morning.
looks like today's price spike was based on last nite's 60mins report on channel 9 on Iron Ore in Pilbara region. most of the iron ore related stock (junior) went up today. but then i can't really explain the volume, ur average mums n dads cant buy up these many stocks can they...
[QUOTE - YOUNG_TRADER
And after having a chat to my broker I may have underestimated the Nickel potential for CUL,
Apparantly where the BHP JV is at Gunbarrel searching for Nickel, another company named Regis RRL hit a huge 150m Nickel Sulphide Intersection, my broker wasn't sure how close CUL's/BHP's Gunbarrel was to where RRL made the hit but said they were proximate, I haven't checked this though,
So the Nickel maybe alot more prospective than I thought[/QUOTE]
I doubled up again today on the show of strength and the nickel prospectivity as mentioned above.
Seven diamond holes (nice to have deep pockets) will give BHP a good look and reflects either promising RAB / AC drilling already completed or similiar aero mag.
I spent a lot of time in this part of the woods and there is a lot of mineralisation in the mafics specifically nickel/copper.
The Regis dirt is on the same longitude and about 30 minutes of latitude away to the east (50k's)
BHPs (with Falcon) Olympia prospect is ENE and had results of 3.0% Ni and 2.0% Cu from memory.
On the iron side, its also a pos' that we're talking conventional haematite too imo
And after having a chat to my broker I may have underestimated the Nickel potential for CUL,
Apparantly where the BHP JV is at Gunbarrel searching for Nickel, another company named Regis RRL hit a huge 150m Nickel Sulphide Intersection, my broker wasn't sure how close CUL's/BHP's Gunbarrel was to where RRL made the hit but said they were proximate, I haven't checked this though,
So the Nickel maybe alot more prospective than I thought[/QUOTE]
I doubled up again today on the show of strength and the nickel prospectivity as mentioned above.
Seven diamond holes (nice to have deep pockets
) will give BHP a good look and reflects either promising RAB / AC drilling already completed or similiar aero mag.I spent a lot of time in this part of the woods and there is a lot of mineralisation in the mafics specifically nickel/copper.
The Regis dirt is on the same longitude and about 30 minutes of latitude away to the east (50k's)
BHPs (with Falcon) Olympia prospect is ENE and had results of 3.0% Ni and 2.0% Cu from memory.
On the iron side, its also a pos' that we're talking conventional haematite too imo
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LOL I know Doc, still its amazing timing, I think it was more the fact that the company was flying under the radar and the mkt had missed the JORC completely and hence failed to re-rate CUL,
But thanks for the lack of confidence lol joke
:I doubled up again today on the show of strength and the nickel prospectivity as mentioned above.
Seven diamond holes (nice to have deep pockets
I spent a lot of time in this part of the woods and there is a lot of mineralisation in the mafics specifically nickel/copper.
The Regis dirt is on the same longitude and about 30 minutes of latitude away to the east (50k's)
BHPs (with Falcon) Olympia prospect is ENE and had results of 3.0% Ni and 2.0% Cu from memory.
On the iron side, its also a pos' that we're talking conventional haematite too imo
Thanks JTB, 50km's isn't that close though, I was thinking 5kms or something,
Is that area highly mineralised ie plenty of brownsfield stuff or is it more a new province/underexplored greensfield stuff?
judging by the strength of trading in CUL right up to the close, I get the feeling that if the US markets hold together tonight there may be a real chance that it has a look at the 10c level some time tomorrow.
As it approaches the 10c level it faces the usually dilemma for stocks around the 9-11c range as to whether it can break the 10c barrier and hold or hit it and then sell off.
Either way it will make for a very interesting day tomorrow.
As it approaches the 10c level it faces the usually dilemma for stocks around the 9-11c range as to whether it can break the 10c barrier and hold or hit it and then sell off.
Either way it will make for a very interesting day tomorrow.
Tomorrow should be very interesting ... could obliterate 10c if buyer depth is as it was at the end of todays day. Is this the re-rating YT has been talking about? Only time will tell, but with all the hype its creating you cant say that there's not a chance this baby will run tomorrow too.
Alot will depend on the international markets tonight and the commodity prices...
but then again ... since when has the market EVER made sense? It's a fickle thing but an interesting one at that
good luck holders
Alot will depend on the international markets tonight and the commodity prices...
but then again ... since when has the market EVER made sense? It's a fickle thing but an interesting one at that
good luck holders
50'ks is nothing out there mate as it comes down to source and structures.
Leinster would be the nearest operational Nickel province and you have rich goldmines such as Darlot, Bronzewing, Mt Mclure and Jundee all running across the top in the greenstone. South running you have the historic Lancefield (Windarra to the east) Granny Smith and Sunrise Dam.
Lynas's big rare earth find could also be considered proximate I guess
So yes greenfields in the strict use of the word but a lot of the old timers reckon the dots will be joined.
My previous post should have read same lat' and 30 minutes of long' to the east too
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I am always fascinated by what is driving which instrument .............take a look at this collage and tell me (based on the knowledge that the US markets lag in time relative to our hours) do you see a dependence, as has been suggested that cul, or, any other local instrument may require a correlative lift in either the US or Japan ?
not withstading that the 27th saw a weak lower low in the futures and we could see the fake bottom drawing in short-sales on both the XJO and the SPX ............and I seriously doubt this swayed the decision by late (large-cap) players to enter the long side of this instrument which is what gave the break-up (gap) such fierce energy...........something to chew-on..........
J
not withstading that the 27th saw a weak lower low in the futures and we could see the fake bottom drawing in short-sales on both the XJO and the SPX ............and I seriously doubt this swayed the decision by late (large-cap) players to enter the long side of this instrument which is what gave the break-up (gap) such fierce energy...........something to chew-on..........
J
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Sean K
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LOL.Hey Kennas,
Alot of info there, better get my Technical trading dictionary
The trading today is interesting, I don't usually pay attention to Doji's and other technicals but someone said that today should be strong, I'll wait to see
Well, it took a couple of extra days, but the 9 ish cent target from that formation has been practically reached. In retrospect those candles with the long tails on lowering volume, marked with a green dot were pretty bullish after the spike. Not text book prep for a break, but pretty good. I'd expect more consolidation now, or soon, after such another large jump, pending significant news. Breaking 8 cents and finishing on the high was very bullish in the scheme of things.Attachments
Just the usual silly nob head traders placing there sell orders before open. If they had a brain they would realize it does nothing for the share price but sell it down on open.
Too much money and little brain. Must be inheritance.
Don't underestimate the behaviour of seasoned traders ... They could be placing sell orders to create a buy scenario for themselves ... you are jumping into conclusions far too quickly!
