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I saw it, thanks. Yep I've got my eyes peeled for any ann that may come our way...can't be long now. In fact I'd say several are already overdue 
CUL - Cullen Resources
- Thread starter chris1983
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I saw it, thanks. Yep I've got my eyes peeled for any ann that may come our way...can't be long now. In fact I'd say several are already overdue
yep,have a look at the inp party as well it will go right off tomorrow with everyone back from holiday...
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Well, there's certainly some lucky holders in that camp. Wouldn't mind seeing CUL doing the same thing.
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well i'm back into (aka taking a punt) CUL today for a couple of reasons, the main one, which may come back to bite me, is because CUL havent had any real proj updates since July i think.
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Theres still a news drought at CUL allthough the SP has spiked a little over the past hour so hopefully something in the pipeline...
allthough the SP has spiked a little over the past hour so hopefully something in the pipeline...- Joined
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They just said the magic word..... IRON !
watch is go up 300%:
Realistically these guys have more potential than IRM which has rock chip samples, CUL have 30% of 100's of MT of channel iron ore deposit thats the DSO stuff.
watch is go up 300%
:Realistically these guys have more potential than IRM which has rock chip samples, CUL have 30% of 100's of MT of channel iron ore deposit thats the DSO stuff.
very nice run today. yesterday CUL was 9 cents, today went to 14.5 cents with 55 million stock purchased.
Seems that they have a little assistance from the $50 stock FMG. FMG holds rights to some land next to them, and a railway.
Given that FMG holds land and is valued at $50, what does this mean for a stock worth .145
I think 300% is a gross underestimation. This agreement may well see CUL deliver a very good captial growth over the next 12 months in my humble opinion.
IRON is hot these days, and CUL will be soon too!
Seems that they have a little assistance from the $50 stock FMG. FMG holds rights to some land next to them, and a railway.
Given that FMG holds land and is valued at $50, what does this mean for a stock worth .145
I think 300% is a gross underestimation. This agreement may well see CUL deliver a very good captial growth over the next 12 months in my humble opinion.
IRON is hot these days, and CUL will be soon too!
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daaussie..some good points there...but please lets talk market caps and not share prices when comparing 2 stocks; because my uncle Bert, wants to sell me a share in his vegetable patch for $200.
I said to him "No way is your vegetable patch is worth 4 x FMG".
Catch my drift?
As for CUL...this stock really does amaze me. We saw its strength in July when it kept on running on little news (and came back down!). However, there seems to be a lot more to its run this time. I would expect it to consolidate any gains that it makes from here based on today's announcement.
hangseng
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CUL is clearly undervalued and with such a low market cap and resource potential in iron ore I would expect this to go a long way further.
Nearology to FMG is more than just that, this resource is exceptional and the market will recognise it for what it is. I predict a huge re-rating for CUL now and was only too happy to enter when it hit the low 9's after researching all I could, the announcement caught me by surprise but a pleasant one it was. I will not be selling this stock for some time yet, the potential upside is quite significant.
You know, just maybe the market price of FMG would be expected to benefit for its nearology to CUL. LOL
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so 30 million of Direct Shipping Ore (DSO) hermatite is worth 0.14cents(30% of 100 million) according to the market hmmm
Guys,
Pardon my ignorance, as I am pretty much a newbie. Am holding this stock and loved the run yesterday. But with the USA market diving on Friday, do you think it will have an effect on CUL on Monday?
Or is there still room for onwards and upwards?
Pardon my ignorance, as I am pretty much a newbie. Am holding this stock and loved the run yesterday. But with the USA market diving on Friday, do you think it will have an effect on CUL on Monday?
Or is there still room for onwards and upwards?
hangseng
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Onwards and upwards, IMO.
CUL will be a safe haven and even if it did go down I will be buying all possibly can as will the ones who bought so much yesterday. Clearly CUL is going to increase exponentially with the Fe resource it is onto.
And I haven't even included any of the other excellent exposures CUL has.
This will be a good news story this year for sure.
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cullen & fmg have 2 iron ore jv's at wyloo & paraburdoo,nearby inferred resource for hamersly of 225mt at 62.1% fe,go to cullens website look at the iron ore projects.
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Hangseng..I've got to agree with you on this (ps...good call on Mundo..I was wrong..you were right
)Yesterday was the first day of the CUL breakout. Don't breakouts usually last more than a couple of days? (I stand to be corrected by chartists). The chart would look really wacky if it fell on monday!! (Would appreciate as chart/analysis if anyone would oblige please?)
Doensn't it usually take a couple of days to get the trading in full swing?
Also, investors will have taken note and should be on board on Monday.
For those who were in CUL around July, I'm sure you all remember how resilient CUL was, with so many people calling the top to early.
Yep..I agree with you HS...that on Monday CUL would be seen as a safe haven. Such a well connected stock should be holding its weight like some of the bigger boys which CUL is connected to. I expect the usual 10-11 selldown followed by big buys late in the day (based on what happened on Friday)
I revisted the recent presentation and am very impressed by the number of exploration permits that CUL has in the pipeline which we should here about over the upcoming months.
hangseng
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Cheers Pommiegranite.
I don't make any call lightly and have waited sometime to research and confirm my thoughts on CUL. I regard CUL as a high quality low market cap stock with excellent resource exposures, all of the ingredients required for a stock to perform well this stock presents.
MUN was an easy call as was GBG and although slow to come on, AAR will be and not far away either.
My top speccie call for multi-bag returns in 2009 is TNC, now there is a long range one for you just don't look for short term gains in 07 it is a long term holder. Remember this post.
For now enjoy CUL
I don't make any call lightly and have waited sometime to research and confirm my thoughts on CUL. I regard CUL as a high quality low market cap stock with excellent resource exposures, all of the ingredients required for a stock to perform well this stock presents.
MUN was an easy call as was GBG and although slow to come on, AAR will be and not far away either.
My top speccie call for multi-bag returns in 2009 is TNC, now there is a long range one for you just don't look for short term gains in 07 it is a long term holder. Remember this post.
For now enjoy CUL
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has anyone had a good look at cullen today?on such a red day the buyers are strong for this as bhp's 1/4ly is due tomorrow with news on the nickel assays out of gunbarrel,thoughts anyone???
