CLA - Celsius Resources

[barney]

A shake out for the next draught.

Decided to let my CLA holding go today. I think there is likely more meat in the sandwich but I need to lighten the load on a few Stocks that are stationary.

Good luck for you boys that continue to hold, but a Loss for me on this one.

 

[frugal.rock]

Hi ho, hi ho. It's off to work we go...
Yay, up the CLA....

 

[barney]

Nice move out of the blue on a nasty day on the overall market .... Glad you got back in the green on this one @frugal.rock Hopefully @Trav. is feeling a bit more comfortable as well

 

[Trav.]

The power of ramping on twitter so happy for more of this

 

[barney]

The power of ramping on twitter so happy for more of this

Yeah hopefully it continues for you guys ... As I said earlier, I sold out of my CLA at a small loss, but I did like the chart pattern and had reservations when selling.

Based on the locality, I put a few dollars into SKY as a saver based on their recent price demise. Lets hope they both have some success with the drill and we all make some beer money for the next 12 months

 

[Trav.]

Trading Halt - Acquisition

This will be interesting, to see what we end up with

https://www.asx.com.au/asxpdf/20200914/pdf/44mlnf8rpsdbdg.pdf

 

[Trav.]

The market likes this announcement, so will be interesting to see where it settles at the EOD.

 

[barney]

The market likes this announcement, so will be interesting to see where it settles at the EOD.

That'll teach me to sell this and buy SKY

Those Copper widths are off the planet .... Onwards and upwards form here you think Trav

 

[Trav.]

@barney let's hope so.

My first venture with copper so still learning grades and hopefully they can prove it up correctly.

 

[barney]

I'm only a novice Copper dude but any strike of 100 mtrs or more width at 1% copper can send a Company skyrocketing. Those widths and grades announced are 2 and 3 times that on multiple holes i had only just got home to see the Ann and against my usual rules of not chasing, I went to place an order at .031 immediately ..... 031 got wiped so I went 032 and got a partial fill on a small pullback. I think that will be all i get once the news is out. If this is not over 4 cents easily this week I will be amazed. Finally you might get some joy out of CLA

 

[barney]

Added to my partial fill at 035 .... I just can't see how it won't go higher once more punters read that Ann tonight ...we shall see

 

[barney]

If this is not over 4 cents easily this week I will be amazed.

It did make 041 this morning but profit taking has it back to 036 Sold 50% at 038 on the Open just to hedge my bets given the steep rise .... waiting game for now. Close will tell a better story.

 

[Trav.]

It did make 041 this morning but profit taking has it back to 036

I suppose that was expected after a huge rise, but this is something that I often get wrong.....a rise is followed by a pullback...not always true and how do you measure herd mentality?? I suppose this is the million $$ question

Huge volume again so will be interesting as you say @barney on how this closes.

Hopefully CLA management can get this Scoping Study correct as they made a real mess of the last one.

 

[barney]

...a rise is followed by a pullback...not always true and how do you measure herd mentality?? Hopefully CLA management can get this Scoping Study correct as they made a real mess of the last one.

Yeah its fairly typical to get the Inside day after the big jump so it all looks pretty standard to this point. I think if it holds yesterday's Close at 037 again today, it will look positive for more movement higher over the next week or so.

A large % of the profit takers and traders will be out by the end of today. I sold half mainly because I chased the move and didn't want to get caught on any sharp retrace ..... I own too many Stocks at the moment and am trying to cull a couple

I have no idea on the Philippines for mining so not sure if that might be a small Elephant in the room ... apart from that, the drilling results are world class and the CLA boys should be able to make something very tidy out of the purchase.

 

[barney]

Taken the punt. Bought back what I sold this morning at 034 ... hopefully the Close and tomorrows Open behave.

 

[barney]

If CLA has been "Day Traded" as at appears (in my opinion)) , it is in a pivotal position of being potentially pushed higher with further day trading, or, it will likely settle into a trading range until further announcements.

Given the strength of the drilling results in their purchase, I'd be surprised if the D/T's don't give it another tickle .... but being Friday tomorrow, that may get put on the back burner till next week or even later depending on world events etc.

 

[Trav.]

@barney interesting analysis mate thanks for sharing

 

[Trav.]

CLA having a run this week, possibly on the back of a strong copper price and the market waiting for the maiden JORC compliant numbers.

Still holding..........

 

[Trav.]

SP see some action and then

Who would've known....these speccies are dodgy as and would love to exit soon

 

[Austwide]

Bit of a flaw with T/A in the speccies.
Many have a bit of a run and then CR.
Almost need to do some FA of finances as a final check.
Been bitten