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CAG - Cape Range

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Re: CAG - Cape Range Wireless

Okay we're into the last hour and CAG sits on 2.9c

Im wondering whether my theory of someone selling down on the close will prove correct.

Sorry guys just thinking out aloud, I have noticed volume has been very low today but maybe that is just the market.

I still wish I could re-top up because of the upcoming first ore.

Anyways it would be very good if it can hold at 2.9c at end of today.
 
Re: CAG - Cape Range Wireless

CAG is currently down to 2.5cents. With not much volume.
I wonder if a mild chain reaction is occurring with traders hitting their stop losses.
 
Re: CAG - Cape Range Wireless

well i'm getting decimated here! Just going to have to sit back and hold while the team gets their announcements together.

-Cali
 
Re: CAG - Cape Range Wireless

Caliente said:
well i'm getting decimated here! Just going to have to sit back and hold while the team gets their announcements together.

-Cali
Click to expand...

hmmm there is that saying again.... 'sit back and hold'... that hasn't done me any favours for this year!... though im still gonna do the same for this one
 
Re: CAG - Cape Range Wireless

Ashsaege said:
CAG is currently down to 2.5cents. With not much volume.
I wonder if a mild chain reaction is occurring with traders hitting their stop losses.
Click to expand...

ashsaege do you see this current movement is by design in order for some to accumulate at lower prices before announcements?
 
Re: CAG - Cape Range Wireless

nyo said:
ashsaege do you see this current movement is by design in order for some to accumulate at lower prices before announcements?
Click to expand...

Hi Nyo, announcement was out last Thursday, 17/07 which was much anticipated before it was released. Do you know if there is another ann due soon? Anyway i don't hold but have interest
 
Re: CAG - Cape Range Wireless

nyo said:
ashsaege do you see this current movement is by design in order for some to accumulate at lower prices before announcements?
Click to expand...

Nyo do you mean by design that some people are selling a portion of their holdings cheaply, to push the price down, and then accumulate while the SP is low? hmmm possibly, but as Pheonix said the big announcement came out last week.
There aren't too many buyers now, i think most people are just sitting tight, so anyone who wants to offload will have to sell cheap.
 
Re: CAG - Cape Range Wireless

adding the NSL factor to the equation, it seems that shareholders are abandoning CAG as well.

I'm sure management didn't envisage this.

Out of the 20 or so stocks on my watch list only 4 are red. and guess which are the 4 I have a position in? Aargh!

Things should turn around once we get some solid numbers from this company.

Let's hope it's not too long.

 
Re: CAG - Cape Range Wireless

I thought we were going to get some sort of JORC in the coming months??

First production isn't too far away..
 
Re: CAG - Cape Range Wireless

Back belwo my intial buy level, erghhhh

But if there's one lesson I learnt from NSL is that with these specs if you decide to you must stay the course which is what I'm gonna do
 
Re: CAG - Cape Range Wireless

YT, I have decided I am going to be on this for about 2-3 more months and evaluate again to see where share price is.

I still am confident because remember this is set for first ore some time next month, and hopefully the market conditions are good then.

It was good to see it rise again today, hoepfully we have seen its low and move on up now, although not too happy with the reduced amount of volume (maybe the market has lost patience).

I cant believe it though, this is a bargain and potential to be a multi bagger - who knows it may even out jump its big bro NSL (sorry I was in the clouds for a minute)

ANyways I still hold.

Be patient guys
 
Re: CAG - Cape Range Wireless

yes it is below my buy in price too

but i think it may have bottomed too and should start on the hiigher highs higher lows sea saw now for the coming weeks based on the tech analysis of the chart. My interpretation only - it is by no means a certainty, i have been wrong more than right lately. Statistically though it is time to have a run of wins inclduding CAG.

I have confidence in the mngmt to pull off some forward movement.

regards
 
Re: CAG - Cape Range Wireless

LRG said:
yes it is below my buy in price too
Click to expand...

Me too - but I'd say most who bought due to the coal news are now in the red. SO who's selling? The impatient perhaps, the holders previous to the coal announcement who have probably been frustrated out of their minds and saw this price spike as their opportunity to get out? (I'm assuming holders still exist from the days prior to re-cap)

I'll make a brash statement that is backed up by nothing than the 'vibe of it'. I think sellers are pretty well cleaned out, holders see the potential value in this and we'll see a steady appreciation while the story spreads out in the market. The odd announcement will cause some spikes, followed by profit taking until we see the multi bag run. Hopefully someone will quote me on this in 3 months time and I'll look like a genius, instead of the fool I am becoming used to being....:millhouse
 
Re: CAG - Cape Range Wireless



Although I am dissappointed with cag I am of the same opinion as Datsun and Y Trader . No use jumping ship now considering the fact that mining has started as planned . I will give it more time .
 
Re: CAG - Cape Range Wireless

Hi guys,

Do yoou pppl think we have seen a low yet?

It was a good sign that, all be it on next to none volume, that we saw it hold on Friday.

Hopefully this thing can move up to 3c again.

It seems very tightly held which is good, we dont want ppl just panic selling.
 
Re: CAG - Cape Range Wireless

lol@the very tightly held comment. We have been getting dumped hard left right and centre the past couple of weeks - in fact pretty much since I bought it and its settled at 2 CENTS today. 2 CENTS!

I have copped a massive beating here but still holding strong bar them releasing an announcement saying "we have no coal...sorry!"

-Cali

Hey Datsun, I might borrow that hammer of yours -->:bonk: :bonk: :bonk:

Yup feels better already
 
Re: CAG - Cape Range Wireless

I'm feeling your pain too Caliente. My buy price was low 3's so I am bleeding bad.
Brutal market at the mo. Thought about pulling up stumps lately, but just can't take a loss.
Grinning & bearing.
 
Re: CAG - Cape Range Wireless

ditto!

bought at 3.0, watched it go to 4+

now back to 2.0!

where will it end?

looks like heading to 1.5c tmw before bouncing next week IMO.

I think it will be a few weeks before we see some confidence.

 
Re: CAG - Cape Range Wireless

ditto twice!

Bought at 2.5c watched it get to 4.5c (kicking myself I didnt take profits) and now I see 2c.... I feel like crying...LoL

But I still think this is going to be a good story with production coming up so soon. I just think the market has sort of lost interst in this because as usual people expect like a 200% increase in a few days....

At this price it is bargain.... Im still holding (I have no other alternative!)

I keep hearing the Liverpool Football Club anthem in your head.... when you walk through a storm hold your head up high.... LoL

YNWA

:
 
Re: CAG - Cape Range Wireless

Gotta add my surprise - 2cents!!!

So, when this sort of thing happens it can be good to play devils advocate. What can go wrong? In the short term we could see the due diligence fall over - maybe metro are dodgerama... ?

What else is there? Less coal than expected at lower grades?

Is there some other bad news around the corner? As I said playing devils advocate. The volume really was nothing ($40k worth) so I don't think it's leaky news and as has been said it could be the impatient moving on to the next big thing (like financial stocks - hearing all sorts of good things about them - NOT).

The big stuff for CAG is going to be successful Due Dil, followed by production, then JORC, then rising production, then $$$$$ for me and you. cool.

Anyway still holding (and believing), although that hammer is getting a work out.....
 
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