CUL - Cullen Resources

[INORE]

Thought i'd try and get some goss from cullen and just received a reply from MD of Cullen....waiting for:

-BHP JV nickel drill results and

-Catho Well iron ore drill results....



Hi xxxx,

As reported in our last Quarterly, there is assay data for drilling at Gunbarrel (nickel) with BHP Billiton pending , and at the end of the Quarter drilling was on-going at the northern extension of the Catho well iron ore deposit as we also reported. Assay data is also awaited from that drilling programme.

When those results will be available I don’t know unfortunately, but if there are significant then they would then be released to the market.

Thank you for your interest and good luck with your investments.

Regards

Chris Ringrose
Managing Director, Cullen Resources Limited

 

[Boyou]

Thanks for ferreting out the info.

I guess what he is saying is that we should "Wait and See"
Hard to do when the market has corrected AND also Re-Rated some of our hopefuls!

Just have to remind ourselves that NOTHING has really changed ..except the market.I have gone back over this whole thread and reminded myself of the potential this company has...

Worked wonders for me!

Cheers Ya'll

 

[sagitar]

Inore, great post and many thanks for the update. I hope you didn't mind, I posted your info on another thread.
cheers
Sagitar

 

[SevenFX]

CUL out of the box this morning.... UP 16%

Now just has to break the usual round 10c-11c mark

SevenFX

 

[Jockstar73]

It would look to me like there could be some news on the way. But that's just my own opinion of course.

 

[SevenFX]

Late morning and CUL seems to holding strong channeling in a range.

Maybe a good base to take out the resistance at the 10-11c mark.

SevenFX

 

[SevenFX]

OK, so someone took the first bite at 10.5c, looking better btm.

So some sustained trading here and those lows may soon be forgotton.

However in these uncertain times, who knows what the new day will bring..

SevenFX

 

[SevenFX]

Anyone else in on this or just me ...???

489,119 just went through at 10.5c totalling $51k...

Looking like a strong Close as buyers move in at 10c mark....

SevenFX

 

[Deadcat]

Hi SevenFX, I have been in and out of this one. Got in last week at .086 so happy with close at 10.5. Will see how we go, hopefully announcement soon, would love to see this up around 15c again

 

[wllmtrish]

Hi SevenFX. I am watching with a smile as my paper loss becomes a paper profit when CUL hits 11.5c.
Starting to look strong and news is suppose to be soon.
dyor I hold AGS CUL EMR

 

[SevenFX]

Yes was a good finish for CUL, and have been here b4 on it's last run up prior to correction, but thats the way it goes.

Massive volume at 10c with over 7.8mil (so good support) and good trading of 1.1m at 10.5c out of the total 18.2mil traded today.

Hopefully no market pressure from global markets tommorow, though long term holders won't be influenced by this...

Now we play the waiting game...

SevenFX

 

[INORE]

Hi SevenFX. I am watching with a smile as my paper loss becomes a paper profit when CUL hits 11.5c.
Starting to look strong and news is suppose to be soon.
dyor I hold AGS CUL EMR

Hi W....do you know the news is going to be out soon? Have you had any contact with the company to verify this.....would be handy to know if you could clarify this....cheers

 

[chicken]

Got back into Cullen at 9.5cents today.....for the next run up to 9.6 cents...might have to wait a little...but news should be out in September re JVs...

 

[chicken]

Got back into Cullen at 9.5cents today.....for the next run up to 9.6 cents...might have to wait a little...but news should be out in September re JVs...

It should read 17cents not 9.6cents....someone altered that to read 9.6c...the value of their JVs are about 25c to 30cents

 

[jtb]

It should read 17cents not 9.6cents....someone altered that to read 9.6c...the value of their JVs are about 25c to 30cents

9.6c does look pretty funny.

CUL had a mention in our Sunday Times today regarding utilising flora in their mineral analysis techniques.
There was an old indigenous dude I knew that could find wicked Jasper purely by looking for specific plants (and it just looks like gravel until you break it open).

Gotta be a damn site cheaper than a drill rig.

 

[SevenFX]

CUL News OUT...

Wonganoo Project Joint Venture.
http://www.asx.com.au/asxpdf/20070904/pdf/314cgvlht39mcd.pdf

Reopen at 11.09am

SevenFX

 

[INORE]

CUL just announced new JV with BHP for nickel exploration in the goldfields which is near their existing BHP JV. Interesting if this will co-incide with the assay data that is due out on the drilling at Gunbarrel (nickel)....perhaps a positive result has given the green light to BHP to add this JV???

 

[SevenFX]

Just the sorta news to make CUL SP turn on a dime...

http://www.cullenresources.com.au/Gunbarrel_Tenement_Interests.pdf

UP 12% and hopefully take it back to it's highs with few more anns

SevenFX

 

[tigerboi]

anyone still interested in CUL,think it has good potential with its jvs,annual report is due on 18th,seems to need anns.to get it rolling once again.whats the thoughts on this stock?

 

[ongchuan]

Waiting for reentry at 6-7 cents level if possible. Long term is great hold. Currently it looks like gonna trade sideway for some time before the next great news come out...