CLA - Celsius Resources

[barney]

@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.

Yeah it gets a bit like that doesn't it

If it makes you feel any better, I've taken a small lot today I wont be surprised to see it retrace back to .014-.015 but will probably add if it does that.

The chart action looks a lot healthier.
Market cap is less than $15 million
Still have over $5+ million in cash.

It has under performed given the above but seems long over due for a re-rate.

As I was typing someone jumped in to clean out the .018 line ..... Onwards and upwards hopefully

 

[Trav.]

As I was typing someone jumped in to clean out the .018 line ..... Onwards and upwards hopefully

Really good day for CLA today, closing on the high so fingers crossed it continues strong as I have just hit the front in the monthly tipping comp with CLA

 

[barney]

Really good day for CLA today, closing on the high so fingers crossed it continues strong as I have just hit the front in the monthly tipping comp with CLA

It owes you a decent run Trav!

Lucky I got a handful a couple of days ago off the back of your prompt If only I wasn't bleeding again with PNR I could afford to shout you a carton of beer, lol.

I am guessing the current added interest is "near-ology" off the back of their recently acquired tenement next door to SKY who recently had those nice gold hits??

SKY has been in a solid retrace so the conservative part of me says, be nimble with CLA just in case they all bomb.

The Spec punter in me says watch/possibly accumulate SKY at these levels, if the ducks line up.

I don't know a lot about ducks other than they waddle and move a bit slow most of the time ... my kind of Stocks

 

[Trav.]

It owes you a decent run Trav!

Lucky I got a handful a couple of days ago off the back of your prompt If only I wasn't bleeding again with PNR I could afford to shout you a carton of beer, lol.

Mate if it keeps running I will fly over and buy you a bourbon or three

SKY has been in a solid retrace so the conservative part of me says, be nimble with CLA just in case they all bomb.

I think the nimble comment is correct as 12 months ago it run for a couple of weeks then came back to earth quick so I am conscious of this, and not getting carried away as once burned twice shy...

 

[barney]

Mate if it keeps running I will fly over and buy you a bourbon or three.

Price action has been fierce given little catalyst so lets hope she keeps running on your behalf

A bourbon or 3 sounds perfectly sensible .... lets lock in CLA at +10 cents by this Xmas! BBQ and I'll supply the snags!

ps If PNR stops mis-behaving and gets above 35 cents, I'll also supply the bourbon! Lol.

 

[frugal.rock]

Oooh, I missed the invite?
Scoundrels.

 

[barney]

Oooh, I missed the invite?
Scoundrels.

Nah your in FR ..... Bring some rissoles will ya

Actually; PNR over 35 cents .... Everyone is invited! (Last one is my brother. That's his best side!)

 

[Trav.]

CLA continues to tease with a nice day today up 10% after a little pullback, but still waiting on some sort of significant announcement to light a fire under it.

waiting and watching....

 

[frugal.rock]

G'day Trav,
My manual system has picked up CLA today. (some numpty bias for you )
(My manual system is me eyeballing stuff for 5 minutes or so....)
Had forgotten about it...
Shhhhhh

 

[Trav.]

A bourbon or 3 sounds perfectly sensible .... lets lock in CLA at +10 cents by this Xmas! BBQ and I'll supply the snags!

@frugal.rock looks like you might get an invite to the BBQ as well..

 

[frugal.rock]

Woohoo!
Hopefully we can up the CLAcker...

 

[barney]

still waiting on some sort of significant announcement to light a fire under it.

Going well. I had told myself that buying more on any dip to 0.017 was the plan but a couple of other stocks were misbehaving so I decided to keep some extra powder in the shed ..... pity because its behaving as expected.

I note that SKY have been surging off recent lows as well. Their last digging was a little disappointing but I suspect the area is still well endowed with Gold.

With CLA being close by, any further good news in the SKY camp will be beneficial to CLA. CLA's Cash-Market Cap ratio relative to SKY is also very attractive for Spec Punters

They have other strings in their bow of course but being able to benefit from someone else's digging is very cost effective

 

[frugal.rock]

Well I just paid 0.022
High of the day up 4.76%


Up the CLAcker
I'm doing my bit, what about the rest of you slackers

I have a hobby of looking for gold, literally, physically.
The Lachlan Fold Belt is riddled with it. All the historic large gold areas of NSW are along its length and strike.
Braidwood, Hill End, Mongarlowe, Sofala, Orange, Peak Hill, Tuena, Lucknow etc.
Gold Rush and bushrangers.
If you're drilling in the fold, you are hard pressed to not find it !

 

[barney]

Well I just paid 0.022
High of the day up 4.76% I'm doing my bit, what about the rest of you slackers

Froogs ..... Firstly welcome to the party.

Technically, I wont be surprised to see more Ranging in the short term so a drop back to .019 would not be unexpected, or a bad sign .... Might put a little pressure on your entry if that happens, but I assume you haven't put the house on it.

The good thing is the Chart is definitely in an uptrend so any good news will be well treated by the market. We all live in hope ... Especially Trav who needs to turn that red colour to green!

 

[frugal.rock]

Froogs ..... Firstly welcome to the party.

Technically, I wont be surprised to see more Ranging in the short term so a drop back to .019 would not be unexpected, or a bad sign .... Might put a little pressure on your entry if that happens, but I assume you haven't put the house on it.

The good thing is the Chart is definitely in an uptrend so any good news will be well treated by the market. We all live in hope ... Especially Trav who needs to turn that red colour to green!

Thanks Barney.
I might have to hop on down to the prospective area of Celsius and find this gold for them....cut a deal.
Weather is starting to warm up, a field trip would hit the spot. Could drive home if too cold.

Haven't put the house on it.
Holders just need some good old fashioned patience, IMO.

Starting to think the tide has turned in NSW on the anti mining front. Anything other than coal....good!

CLA has the potential to land a Cadia (Newcrest Mining) size mine, big business.
Same general strike line.
There's gold all through that fold.
I will go and find it for them, if I have to.
Cheers.

 

[barney]

I wont be surprised to see it retrace back to .014-.015 but will probably add if it does that.

I had a buy in the queue at 0.016 which I was surprised to see get filled today.

Price action looks shaky at face value so we shall see what happens.

Almost back to 50% Cash vs Market Cap. Given the Spec end of the market usually makes little sense, CLA is behaving exactly as expected

 

[frugal.rock]

I clicked them an email last night.
They would have to be inept not to make a return inquiry...
It's completely different ground to WA....
Patience required, still.

 

[barney]

I clicked them an email last night.
They would have to be inept not to make a return inquiry...
It's completely different ground to WA....
Patience required, still.

I've never had much luck with email returns from Co's but plenty of info via phone calls. I put that down to "no paper trail" = no liability.

Today's price action was ordinary but not desperate. Looked like one or two sellers who simply wanted out. Could cause a short term cascade; could easily be back to .017 tomorrow.

Their cash position should give then some resilience but who knows with Specs ... thats why we luv 'em

 

[barney]

could easily be back to .017 tomorrow.

I rest my case .... Lets hope it stays there this time

 

[frugal.rock]

A shake out for the next draught.