CLE - Cyclone Metals

[Sean K]

My guess if all bodes well, 76 to 82c, assumming the deal goes through and doubling of the resource will push it close to the dollar

nberardis, Can you please expand on this to give us a more detailed insight into the calculations? Cheers, kennas

 

[jman2007]

Kennas

I guess this is what you may be alluding too?

(Originally posted by JoeBlow)

"I have noticed some members posting price targets for stocks that are anywhere from ten to twenty times the current trading price of the stock and I am increasingly becoming uncomfortable with this practice. In my view without anything substantive to back it up with these kind of predictions are simply a form of ramping. If you are going to give a price target for a stock that is significantly above its current trading price I expect you to back it with some fairly comprehensive analysis or else I would prefer you not to do it."

In this case, target was modestly above the current trading price, but some figures would be nice to back it up!

Cheers
jman2007

 

[Go Nuke]

Can someone please tell me how they allocated the shares in Global Iron?

I recieved a WHOPPING 8 shares in Global!!:22_yikes:

Ok now its probably because I dont hold all that many CFE shares but I was just curious what the allocations where. ie-1 Global for every 8 CFE??

I'm too lazy to do the math.

 

[moneymajix]

They weren't too generous with the allocation of shares in Global Iron.


Current moves on CFE

60.5c
up 0.065 12.04%

Lots of volume.



Due to hear re the millions from Asian interests will be paid (re 70% interest in CFE) by the end of the month.


Show me the Money!

 

[thooh]

HI all, I am a bit confuse with the news Delong release on the 05/09/2007.

Here is the link of the news.

http://www.listedcompany.com/ir/delong/newsroom/Investment050907.pdf

 

[MR.]

Announcement:

http://www.asx.com.au/asxpdf/20070926/pdf/314r6k6vjt7w6j.pdf

By mutual agreement payment has been moved forward 2 days to Tuesday the 2nd of October due to Sunday then public holiday.
........................

I hope that person who sold on Monday at the end of the day at $0.285 does not look at the price again..... Yesterday was a very good day.

 

[thooh]

Monday is public holiday??? What holiday is that? The holiday only happen in Western Australia or Whole Australia?

 

[chansw]

Monday is public holiday??? What holiday is that? The holiday only happen in Western Australia or Whole Australia?

That is Queen's birthday for WA. I am sure the Queen has no idea that she has so many different birthday around the world.

 

[thooh]

Announcement:

http://www.asx.com.au/asxpdf/20070926/pdf/314r6k6vjt7w6j.pdf

By mutual agreement payment has been moved forward 2 days to Tuesday the 2nd of October due to Sunday then public holiday.
........................

I hope that person who sold on Monday at the end of the day at $0.285 does not look at the price again..... Yesterday was a very good day.

WA having PUBLIC HOLIDAY but will the company place the trading halt duirng that time? I sure the share market will still open.

 

[moneymajix]

Another delay!

I think they should have paid by cob on Friday.

At the end of the day, payment is the main thing, I guess.

Current sp. 61c

 

[Sean K]

Interesting situation. Looks to be recovering. Broken nasty downtrend by the look and making higher lows. Holding above 60 will be very important.

 

[Go Nuke]

Yer yet another delay.

Gee...one must wonder what the point of a "contract" is for??
Lets see if it bumps into that resistance at 70c or breaks through it

 

[Ruprect]

Well, its sort of a delay. Hard to get a deal put through on a Sunday, which was the deadline, partic on a long weekend. I think a couple of extra days isnt too much more to wait.

Nice to see the good recovery to the mid 60's again. Oh to have topped up at 30cents a month ago...!

 

[Santoro]

Come on everyone, the price is rising, the next installment is due which will make it rise more, you all got your GFE what more do ya want...a sure thing?

 

[TheAbyss]

There is a squeeze on the Bollinger band so a break is going to happen in all likelihood. Just a matter of which direction. Given the consensus on this forum onward and upward may be the correct call.

 

[MR.]

- How can Delong pay for the mine on 31/8 without informing its share holders or voting? However in the past few days they have now been informed. Same goes with the options.

- I believe payment for the rest of the options will need to be voted apon by Delong's share holders also at the same meeting "the purchase of the mine." TS's 10 days time for the options sounds about right to me perhaps after a meeting. Who owns the majority of Delong? so I'm sure both will be past.

Posted by chris1983 on Hotcopper 19:28 Thursday 27/9.
“Definately looks promising. She should run further tomorrow. Last day to get in before the announcement on Tuesday you would think.”
......................
Friday chris1983 posts at 12:41 “I took my profit and ran this morning”
......................

Good one chris1983. I'm alright stuff you! Would you explain? Or perhaps you were kicked off Aussie Stock Forums.

I posted on the 7th of September what I was looking for (as linked above).... Does there need to be a vote? Best Decade (Ding Liguo) owns more than half the shares in Delong? However looking through their records listed with SGX Delong does vote and they usually give 2-3 weeks notice of a meeting. Delong still has not released any further details either!
So After 6 months the final straw for the last of my holdings was the 2 million sellers stacked up in CFE in the afternoon between the high and low level for the day.

I am no longer a holder of CFE or CFEO.

My average buy cost was $0.32 CFEO.
I lost a fortune a couple of days (after) that “Thursday” mid August.

I hope CFE is paid. I just can't do this any more.

 

[MR.]

Sorry Chris tried to post your last post here. I just missed it before you totally vanished off HotCopper. I guess this says it all. Well done Aussie Stock Forums. As for Aussie Stock Forums they are cleaning things up and I see now so is HotCopper.

Chris 19:28am the day before yesterday
“Definately looks promising. She should run further tomorrow. Last day to get in before the announcement on Tuesday you would think.”

Chris 10:30am yesterday
“Buy side is getting stacked atm. I wonder if someone will step it up a bit.”

Chris 11:10am yesterday
“Thats whats obviously holding her back. There are supposed to be options exercised before the 30th.”

Chris 12:41pm yesterday
“There is too much of a risk factor whether or not the deal will go through. I wanted the deal to be confirmed because I would of held during the development of the project but I took my profit and ran this morning. Might re-enter if it doesnt go ahead after the SP drifts back down. For now I'll enter another iron-ore play that is more certain.

Good luck guys. I hope the deal goes ahead. Ding/Delong have been messing us around for way too long. Hopefully they hold true to their word on Tuesday and pay up.

 

[moneymajix]

MR.

I sold in the mid-60s yesterday also. Purchased in the 30s.

Have been holding since January and seen the share price move all over the place. In retrospect should have sold the first time it hit 60c or the later when it hit 80c.

We will find out on Tuesday if any money is going to be handed over.


If not, then I can only imagine the share price is headed south, at least in the short-term.

 

[TheAbyss]

Sorry Chris tried to post your last post here. I just missed it before you totally vanished off HotCopper. I guess this says it all. Well done Aussie Stock Forums. As for Aussie Stock Forums they are cleaning things up and I see now so is HotCopper.

Chris 19:28am the day before yesterday
“Definately looks promising. She should run further tomorrow. Last day to get in before the announcement on Tuesday you would think.”

Chris 10:30am yesterday
“Buy side is getting stacked atm. I wonder if someone will step it up a bit.”

Chris 11:10am yesterday
“Thats whats obviously holding her back. There are supposed to be options exercised before the 30th.”

Chris 12:41pm yesterday
“There is too much of a risk factor whether or not the deal will go through. I wanted the deal to be confirmed because I would of held during the development of the project but I took my profit and ran this morning. Might re-enter if it doesnt go ahead after the SP drifts back down. For now I'll enter another iron-ore play that is more certain.

Good luck guys. I hope the deal goes ahead. Ding/Delong have been messing us around for way too long. Hopefully they hold true to their word on Tuesday and pay up.

Mr. Has there been some editing? I am intrigued as to how a computer would report the time incorrectly (Chris 19:28am ). Did you insert the am?

 

[MR.]

Mr. Has there been some editing? I am intrigued as to how a computer would report the time incorrectly (Chris 19:28am ). Did you insert the am?

On hot copper the date is displayed above the post. Yes I added the first line eg: chris 10:30am yesterday

The 4 dates/times I added and I also may have added the talking marks " " only. All else was directly from HotCopper. COPY AND PASTE