Australian (ASX) Stock Market Forum

CBH - CBH Resources

imho, i think CBH will be a good stock to hold for the medium and long term outlook. i'm still holding on to all my current CBH shares and will definitely look forward to top up again if the rumour of the TKR holders are dumping their shares is true (though i still find it a bit strange if they do)? :D
 
CBH holding OK. TKR shareholders keeping their new stock in the most part by the looks. Volume even down a bit.

I see CBH still trading generally up, except for that big spike which sent it a bit ballistic. I also see some support now between $0.45 and $0.42, pending any more enormous shifts in commodity prices, which could happen in this environment. One way or the other....
 

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hey has anyone bought back in yet?

didnt seem to work as well as i thought, i can buy rest back in for cheaper than exit price anyway.

although we need some nice ann re 100% production to give it a boost again
 
Small cup and handle formed during an upward tred. Bullish sign. Set for rise. Just on probabilities. Doesn't always occur. Interesting to see if it eventuates here. As it's only a relatively small cup, shouldn't see too much of a boost. Supposedly the distance from the tips of the cup to the bottom. $0.07 ish....
 

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back in, i thought i dont wanna be out when news comes out. i can accumulate more anyway on dips.

i dont really like trying to be in and out playing market. i am thinking more long term anyway.

BTW apparantly TKR shareholders have been trading since yesterday so we picked the wrong day anyway. or i did at least.

seems there wasnt a huge dump and that many TKR shareholders are holding must be impressed with whats going on at CBH.

im just glad to be back in regardless, i know ill (and other holders) be the long term winner in 6 months plus
 
a few points on last weeks trading. there was some slight weakness in price around mid week. the TKR shareholders were actually able to start trading on wed which coupled with weaker zinc prices lead to a slight sp decline.

on fri a lot of ppl were expecting a big dump of shares, i see the action that happened as really good news. obviously TKR shareholders have researched into CBH and like what they saw and are holding. there were a few ppl who have obviously sold however there are many buyers to pick up cheaper shares for this one.

i got back in on the action at the end of the week, which judging by the price of zinc at the end of the week is good news.

LME stocks are still dropping and ppl are starting to realise the great fundamentals that a sound zinc company holds. zinc prices on LME are pushing back over 1.60 great news for all the zinc stocks already producing.
 
dj_420 said:
LME stocks are still dropping and ppl are starting to realise the great fundamentals that a sound zinc company holds. zinc prices on LME are pushing back over 1.60 great news for all the zinc stocks already producing.

Yep.. 1.60!!!.. tomorrow is guna be big for ZFX, CBH PEM etc...
 
I thought I'd add that Zinc has a wee bit more work to do, it has to get up above and hold $1.60/$1.62 as support before it can then technically push on to $1.80
 
hmmm.... why is 1.60 seen as a milestone?
it has been trading btw 1.40-1.60 since may... the way i see it, no biggie
 
zinc spot price is up to 1.68 now pushing 1.70, fundamentals looking great. kennas chart shows apart from the run we had recently CBH is trading well in that channel and is showing support from 40 cents right up to 45 cents.

maybe zinc prices are starting their run early, im hoping price can hold above 1.60 and form some decent support.

zinc stocks should start gaining a lot more interest soon, its looking good.
 
dj_420 said:
zinc spot price is up to 1.68 now pushing 1.70, fundamentals looking great.
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maybe zinc prices are starting their run early, im hoping price can hold above 1.60 and form some decent support.

zinc stocks should start gaining a lot more interest soon, its looking good.

once zinc breaks 1.80, which is the high for this cycle reached in may, there will be no overhead resistance - and zinc will RUN - and u would wanna get set before that i reckoN!

CBH im a bit iffy but KZL no hesistation
 
all the sellers came and then buyers stacked up out of nowhere. ive had a look over the yearly report and the projects look very very good. lots of growth and development and lots of tennements for exploration.

CBH now back up a couple of cents and looks to me to be showing increased interest. could be SS BFS due very soon. what does anyone else think, im glad i got back in on the action.
 
I'd like to see it get through $0.50. Had a couple of attempts but ran out of puff. Should be support from $0.40-43 to trade off perhaps.
 
Just a thought, I could be and probably am wrong,

But it wouldn't suprise me if SP was being manipulated up so as to allow TKR holders to sell,

The 'manipulation' that I refer to is some simple buying by a broker which combined with the fact that there is strong rises in Zinc spot price flowing on to the likes of ZFX, KZL and PEM, draws mkt buying on alot quicker,
 
YT, you assume after certain point, TKR holders will dump this ?
Hmm, seems to me they rather hold while Zinc price continues to rise and CBH goes for full production tis month.
 
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