This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

CLA - Celsius Resources

Jump to new
Very strange. No news and there's strong demand for the shares.
 
Well I have been waiting for this and here it is.....

~ 10% of shares issued traded today (757.22M)



Top trades sorted by Volume




I have no idea how and why these games are played but found this extremely interesting to follow. Maybe some news will filter out later in the week when Top holders release figures.
 
The price movement in CLA has certainly been interesting considering there's been no news released. Trav I thought that was you selling today to lock in a break-even result after all these years. Your chart of CLA is a classic educational one. On every price pull-back or correction the volume decreased significantly. There was no significant selling until the last bar.



If you're trading spec stocks this is very handy to know.
 
well spotted with the volume mate. The 20% fall yesterday looks bad but it had risen nearly 400% in the last month so not as bad as first impressions.

And yes you could think that was me selling as those volumes look about right
 
I am still following CLA as we all have that one cross to bear..

So there is some shareholder action against the current board and the following notice issued last month with the goal to get some fresh meat on the board, out with the old and in with new! Will it make any difference ? not sure but with the SP at $0.014 it cant hurt.



Also some further information here for those interested. http://www.cla249d.com/

CLA still have $6.5 million in the bank ( $10.6 million market cap ) so all is not lost.
 
Thought that I would update this thread.

Since my last post the 249D was withdrawn and SP is down from the dizzy heights of $0.014 to $0.011

Extract from the 249D announcement



I found it amusing that they mention that will now focus on the strategies previously outlined to the market ( which my take was evaluation of the Opuwo Project " Cobalt " ) and then on the 23/12/19 they announced



My take on this was oh look we have gold all is good now !! but the market did not fall for this trick as levels.

130 ' systematic rock chip samples ' is not enough to trick any more investors.

Stay tuned for the next update on the CLA circus.
 
Trav. said:
Stay tuned for the next update on the CLA circus.
Click to expand...

Frustrating indeed …. $8 million market cap with around $6 million in the bank … Should be doing better. Something not quite right as you say Trav.
 
Trav. said:
well well well what is going on here.
I should post here more often and hopefully continue to ramp this stock up further....
Click to expand...

Lol …. Indeed Trav! …… Probably needs to break above 0.017 before traction is confirmed, but the early bird often catches the worm

Todays action did not have enough Volume to verify too much but I suspect 0.011 is now the short term bottom and a potential accumulation point with minimal risk.
 
barney said:
Todays action did not have enough Volume to verify too much
Click to expand...
Some one had a nice bite on the 17/12 ( 16 million ) and are more than likely cleaning up any loose shares around.

As usual someone may be in the know and make will a killing when a new project is announced ( or acquisition )
 
Back again with my dog stock CLA. Some signs of life shown yesterday but we will see if it continues and hope for a leaky boat...

Rumours about buying another play, maybe gold blah, blah, blah.....we will see.

 
well this is a surprise, haha not!



The give away was the SP moving upwards over the last few days, we will wait and see what they have purchased......maybe a chance for me to get an exit, one can only hope

 
Trav. said:
@barney it's OK mate, I think that I have the answer.
Click to expand...

Sorry Trav .... been out trying to make an honest living and just saw your posts.

I confess I don't know a lot about the history of these guys other than my previous glances ... but i have to say that they always seem to offer hope, yet under delivered regarding their SP.

There are positives:- They appear to run a tight ship with minimal spend, and still have over $5 mill in cash, with less than an $8 mill market cap (Those are good numbers in Spec-land)

This recent "acquisition" cost them bugger all, but the upside based on historic results is not immediate (hence today's sell off i guess)

In saying that .... how many more punters need to sell off before there is no one left to sell (often close to the time to accumulate in my world)

This one is a tough call .... personally, if I was in on it, I would let it run, with the opinion .... I eventually get out of jail somewhere down the track .... or I lose 90% of my investment (Tax man will hopefully ease my pain, lol.)

Given their cash position, you won't lose that 90% anytime soon, but it could remain frustrating to hold.

Flipside of course, they dig a hole like 'SKY' struck just down the road of 93 mtrs at over 4 g/t gold, and all remaining shareholders share in a 10 bagger

My gut says hang in till they do a bit more drilling before making and definitive decisions (6 months then re-assess)
 
@barney cheers mate for the summary. I don't have much of a choice at the moment just to hang in there.

Maybe the nearology to the other goldies might give it a kick but I think holders were hoping for something bigger ( producing ) but as you say they got it for bugger all so maybe they have a option B ( or is that C ) that they will roll out soon.

Thanks Mate.
 
July stock pick

Some movement lately in this flea bitten stock, with a spike up to $0.017 in early June, but hopefully in the new financial year we might see people reinvesting with the hope of more purchases in the gold exploration sector.

Not much of a recommendation but at this end of the market you just never know what will happen.
 
I am back to pump this baby up....not really just a long suffering holder here.

Announcement out today which gave the SP a little nudge.



Nothing substantial in my view as only a desktop review and I don't think that they would have purchase this project if they weren't confident in the data.

The last line is a nice little teaser for us holders.... we will wait and see
 
@barney lets hope so.

I have averaged down a bit over time but will be keen to make an exit so other people can have go.
 
You must log in or register to reply here.

Similar threads

  • Article
Resources for Systematic/Algorithmic Trading
Replies
12
Views
2K
Richard Dale
TOK - Tolu Minerals
Replies
2
Views
1K
Dona Ferentes
CBH - Coolabah Metals
Replies
2
Views
1K
Dona Ferentes
April 2024 DDD
3 4 5
Replies
98
Views
9K
ducati916
February 2025
2
Replies
29
Views
2K
ducati916
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...