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CAG - Cape Range

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Re: CAG - Cape Range Wireless

Thanks to whoever that was. If you've got anymore to spare at 0.033 I need another 180000. If you've got em.


Cheers
-Cali
 
Re: CAG - Cape Range Wireless

Cheers gentlemen, and ladies. I've closed out my order for a total accumulation of 1.5 million units between 0.031 - 0.033

Best of luck to holders!
-Cali
 
Re: CAG - Cape Range Wireless

I was planning to sell at about 5c, but for you my friend I will do discount,

4.9c


How do I buy-it-now price similiar to ebay?!
 
Re: CAG - Cape Range Wireless

I'm holding onto this one. I support it for all the reason YT and other regulars say. I have a good feeling about it and the people behind CAG.

On the surface mining by 15 July seemed to be a big ask, but looking at the pictures they got ther a day late.

This is looking to be heading NORTH IMO.

Thursday night is looking good in Eurpe and US markets, so I can see an up day on the ASX tmw too. Hope the US markets head north on friday night too - then we are really looking at a GREEN week come Monday.

Allon the all ords and ASX200 has been bad for the last 2 weeks and CAG, SDL etc have hung in there reasonably well.

So "let the pigeons loose" come the new week!

 
Re: CAG - Cape Range Wireless

Just a question. in the recent announcement on the 16th of july titled 'acquisition of an interest in Indonesian coal mine project'

when i read section 1.4 titled Material terms of the Call Option and the Put Option i become confused. would some one be able to shed some light on this for me? will this affect the Sp? a simple reply would be great.

Cheers
 
Re: CAG - Cape Range Wireless

Do people think this is good value at these levels?

I dont know lots about this company but a friend of mine has purchased shares and claims it is great value.
 
Re: CAG - Cape Range Wireless

Mate I don't want to sound as if Im ramping,
but considering that this is due for first ore very soon (next month) and at this price it is dirt cheap.

Another thing too note as well is that amidst the market conditions, this has held up pretty well, hasn't really budged below 3c.

Many forecasters think that this could be the next NSL and go to 10c +
because essentially its the same group involved as NSL (Faldi) and moreover this is in Faldi's backyard - Indonesia - so if anything he should have the contacts/links to make this work.

I think if it wasn't for the market CAG would be touching 5c by now.

Exciting times ahead.

As usual though this is a speccie, there are risks but in my opinion the positives truly out weight the negatives, you just have to be patient and not expect like %100 increases in a day like a lot of people out there and then simply run out of patience and dump everything off

Anyways please do your own research
 
Re: CAG - Cape Range Wireless

Hey Geroge,

Ans has raised some goods ponts,

Here are a few more points to consider also,

Also don't make the mistake of thinking because something is 3c its 3x more expensive as something at 1c, price is only half of the equation when determining mkt cap, the number of shares on issue is the other half and equally important

Price x no of shares = mkt cap

 
Re: CAG - Cape Range Wireless

Georgeb said:
Do people think this is good value at these levels?

I dont know lots about this company but a friend of mine has purchased shares and claims it is great value.
Click to expand...
Is your friend a taxi driver, or a hairdresser, by any chance?

Sounds like a hot tip to me.

 
Re: CAG - Cape Range Wireless

An up day for the ASX but no move for CAG today. Are we waiting for another announcement? Due diligence and approval by shareholders?
 
Re: CAG - Cape Range Wireless

Is it just my screen, or what?

Everything is green, yet no volume for CAG??

Please explain someone
 
Re: CAG - Cape Range Wireless

ans25 said:
Is it just my screen, or what?

Everything is green, yet no volume for CAG??

Please explain someone
Click to expand...

I don't know if it's just my watchlist but the speccies seem to have been left behind in the market move today.

I was also surprised that we didn't get a move following last weeks announcement and confirmation that September will see the first shipments. But, remember that Due Diligence is still under way, we don't yet have a deal! To really get going we need a Jorc statement, confirmed production tonnage and a deal that gives CAG some equity!

Plenty of boxes still to tick, I don't think there's anything to threaten an X in any of those boxes, but hey, bears are about. I thnk if CAG was announcing this stuff 12 months ago it would be well and truly off and running.

Hopefully by September the market is a bit more realistic and we have more clarity over the project, once that happens we'll all be smiling!

Spec-Invest: Re the call and put options. Basically the parties have agreed that

1. CAG can decide to buy the remaining 80% of Metro for $30m if they decide to (they have a call option)
2. Metro can decide to sell the remaining 80% of Metro for $30m if they decide to (they have a put option)

Basically either side can make the transaction happen. As far as sp, it is really irrelevant, $30m will be chicken feed compared to the value of Metro if a commercially viable mine gets going. Even at the low rate of 10k tonnes a month (initially) they will bring in $24m pa (ref YT's post). Once they get the proper equipment in (Jorc dependant I'd say) that figure will be dwarfed.

Good news story.
 
Re: CAG - Cape Range Wireless


Bear markets do awful things, CAG blew out to 2.7 with a bearish gap down to help scare away the traders. This now puts in a count to the downside althou the volume confirmation is very lite. Maybe there is an issue with the fundamentals?
 
Re: CAG - Cape Range Wireless


Please don't wish that upon this stock.
Yeah NSL hit 10c but has now struggled to break free of 5c after that shocking drop.
I'd be happy for a nice steady rise based on news not speculation.
 
Re: CAG - Cape Range Wireless

a few trades after the market close today. pushing it back down to .027, hopefully some firm announcements are not long away.
 
Re: CAG - Cape Range Wireless

Mate that's what I dont like about this stock, some one always pushes the price down after close, it happens everyday I have noticed.

For some reason this never closes on a high or at least mid range - it always closes on a low.... wierd....

Nevertheless Im still willing to hold, can't believe though this didnt go up today based on the market today
 
Re: CAG - Cape Range Wireless



haha only if you had of told me that earlier. topped up my holdings today just before close. then Bam straight down 10% after close!
 
Re: CAG - Cape Range Wireless

I am really disappointed with this stock
I gambled that with the announcement of mining operations it would've moved north. wanted to make some quick profits to top up on SDL but i think
the bird has flown now. The boys might as well buy a steel mill then NSL can supply the IO and CAG can supply the coal.
Hold CAG
 
Re: CAG - Cape Range Wireless


You gambled?? Gambling and the stock market are similar to playing Russian roulette. NEVER invest in a spec unless you can afford to lose the investment. The greater the possible gain the bigger the risk. As for CAG, give it time . It hasn't died yet but if you can't afford a loss then get out quick.
 
Re: CAG - Cape Range Wireless

You have to patient mate, you can't expect 100% gains over a space of few days.

The patient will be rewarded.

If you want to go for a quick buck I suggest maybe look into day-trading seriously on the stocks which have like 50+ mill volume, but believe me your life will hit the rocks with all the tension etc

As for CAG, the only way I see this stock is up, not down, at 3c or roughly this has been cheap, I think prior to first ore perhaps we will see a nice rise in the share price of this.

Faldi, Steinpiries and all the other mob are involved in this one so go grab a warm coffee and maybe not look at this every minute of the day, because it will head towards 5c, maybe not today..... but it will happen!
 
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