CLE - Cyclone Metals

[chris1983]

"HALBA", good advise. I don't want to just read positives about a stock.

Some of us have invested interests in CFE, so we tend to sway on the positive side. Purposely and not. I'm interested in the facts. If good or bad information arises in the future, I hope to find it on this site. Before I find it somewhere else.

I would like to know why someone sells at $0.40 or similar. I don't see too much wrong with CFE. Its good to read CFE management is organised as indicated in todays release but I read little other news and no good news regarding the 300MT.

What more could you possibly be looking for? What we need to know is stated in the quarterly report.

"CFE is pleased to advise it has commenced initial compliance with regard to the 300 million tonne indicated resource by the appointment of RSG Global as the independent geologists. CFE anticipates completion of verification by the 1 week of June 2007."

You want to know why someone sells at 40 cents? I guess we ask..has anyone sold at 40 cents on here? Please post your reason. I could come up with a few. Some investors dont believe in the deal. Some investors are impatient and expect things to happen overnight. Some investors werent happy with one director selling a small portion of his shares. Some investors arent happy with the resource and the quality of the resource.

I really dont care for any of those reasons..but I have just posted them for you to see the negatives that others would be seeing. What matters is the deal going through and everything seems on track. Some people sit on a stock for 6 months waiting for a 100% gain. If this deal is realised..based off the monetary value it could go up 100% easily. That kind of possibility to me seems like a very possible outcome.

 

[mhtrieu]

Hi chris1983,

At 40c if the deal falls through you risk the stock dropping 20% down to 32c, which is the price this stock use to trade at before the deal.
If the deal goes through there is atleast a 50% gain to be made.

At 40c the risk Vs return dont look too bad considering CFE has just released a quarterly report with some news that they are doing something about the China deal.

Anyone feel like a gamble??

 

[Kimosabi]

What more could you possibly be looking for? What we need to know is stated in the quarterly report.

"CFE is pleased to advise it has commenced initial compliance with regard to the 300 million tonne indicated resource by the appointment of RSG Global as the independent geologists. CFE anticipates completion of verification by the 1 week of June 2007."

You want to know why someone sells at 40 cents? I guess we ask..has anyone sold at 40 cents on here? Please post your reason. I could come up with a few. Some investors dont believe in the deal. Some investors are impatient and expect things to happen overnight. Some investors werent happy with one director selling a small portion of his shares. Some investors arent happy with the resource and the quality of the resource.

I really dont care for any of those reasons..but I have just posted them for you to see the negatives that others would be seeing. What matters is the deal going through and everything seems on track. Some people sit on a stock for 6 months waiting for a 100% gain. If this deal is realised..based off the monetary value it could go up 100% easily. That kind of possibility to me seems like a very possible outcome.

The question I've got, is why did ROBE River bother building a +200km railway, Pannawonica etc etc when there was dirty great load of Iron Ore on their Door Step

 

[chris1983]

Hi chris1983,

At 40c if the deal falls through you risk the stock dropping 20% down to 32c, which is the price this stock use to trade at before the deal.
If the deal goes through there is atleast a 50% gain to be made.

At 40c the risk Vs return dont look too bad considering CFE has just released a quarterly report with some news that they are doing something about the China deal.

Anyone feel like a gamble??

I never call my investments gambles..I call them educated gambles. Naa really..this one has it risks but weighing everything up I think it is leaning more to the positives. Just my opinion. The possibilities for gains in the SP are far greater than the losses.

 

[chris1983]

The question I've got, is why did ROBE River bother building a +200km railway, Pannawonica etc etc when there was dirty great load of Iron Ore on their Door Step

Not sure. I dont know the history of the iron ore deposits in the area. Maybe it wasn't viable at that time? Did they previously own the tenements did they? Like I said...all I'm looking at is Cape Lambert confirming the 300mt resource which is expected for the first week of June. If Robe river could of developed it earlier..I dont really care. Mr Ding is showing the interest in Cape Lamberts deposit and for me to make money the deal must go through..simple as that.

 

[MR.]

The question I've got, is why did ROBE River bother building a +200km railway, Pannawonica etc etc when there was dirty great load of Iron Ore on their Door Step

Don't you people sleep.
Mesa J, near Pannawonica is hematite. Cape Lambert being magnetite. Seven years ago Robe found the extraction of magnetite too expensive and built the rail instead to extract Hematite. Magnetite is now cost effective to extract and refine.

CFE reported that the results of the 300mt would be finished in 4-6 weeks which we are now in the middle of now. CFE released in their quarter report, that they appointed RSG Global to be the independent geologists. Maybe its just me, but I would have thought this should be old news, considering they said that these independents findings would be finished now.

anyway its good to see some more support today.

 

[chris1983]

Hey MR. Naa I dont sleep. Im in Perth so Im usually on pretty late. It is good to see the support come in. I'm happy to be holding right now and I'm looking forward to the first week of June

 

[MR.]

Hey MR. Naa I dont sleep. Im in Perth so Im usually on pretty late. It is good to see the support come in. I'm happy to be holding right now and I'm looking forward to the first week of June

Hey I'm in Qld I'm miles away. You can just zip up anytime and get some on ground info (inside info) now wouldn't that be good.

 

[Glenhaven]

Don't know about yourself, but it is not prudent to add to a losing position. Consider trade management/stop losses/position sizing. Chris is probably doing the right thing by just sticking it out and not adding more. Remember opportunity cost is there, and there are so many other stocks that can do well in the next year.

I know you are right, but I bought anyway. Had my order on at 41c, but as I was going out to golf changed it to 40.5c and so only got 25,000. At least it was the low for the day.

I am still looking for a steady increase in price over the next month.

 

[chris1983]

I know you are right, but I bought anyway. Had my order on at 41c, but as I was going out to golf changed it to 40.5c and so only got 25,000. At least it was the low for the day.

I am still looking for a steady increase in price over the next month.

I always add to a losing position if I like the stock and I have worked out the value behind a stock. Once again though CFE's value is determined via this deal going through but I feel confident enough to top up if I had the cash. I did it all the time with my erongo (ERN) at the beginning. Initially bought at 55 and bought on its dip when it hit a low of 40. I always will average my prices down though..not up.

It really depends on how much I like the stock. If I had money I would of definately topped up when the options hit 19/20. Thats just me though.

 

[Glenhaven]

Moving at last up 3c to 45c this morning. I may even get square in the next day or so. As we get closer to the date it will continue to move up.

 

[ta2693]

Finally ppl wake up. It is very happy to see my red figure turn into green although I still have not made any profit from this yet.

 

[chris1983]

Finally ppl wake up. It is very happy to see my red figure turn into green although I still have not made any profit from this yet.

Wait untill the deal goes through. First week of June and we will get an idea of whats going to happen.

 

[mhtrieu]

Wait untill the deal goes through. First week of June and we will get an idea of whats going to happen.

Hey Chris1983

I took up a small parcel when i saw it bounce off 40c twice. Todays annoucement has probably brought back confidence to the market.

 

[nomore4s]

Hey Chris1983

I took up a small parcel when i saw it bounce off 40c twice. Todays annoucement has probably brought back confidence to the market.

Yeah looked like it, best day for a while. See what tomorrow brings plenty more green I hope. A little bit more vol today as well.

 

[chris1983]

Hey Chris1983

I took up a small parcel when i saw it bounce off 40c twice. Todays annoucement has probably brought back confidence to the market.

Nice to have you onboard. This is another 3-4 weeks wait then the real gains will come. I want to see this deal sealed with Best Decade. Then I can hold my options with a lot of confidence. Im quite confident right now but untill it is a done deal I will still be watching carefully.

 

[kiwiloe]

Finished at 20.5 pence in London last night (=49 cents Australian), that's 4.5 cents premium on last Aussie trade yesterday, so would expect a cent or three improvement today on the ASX.

 

[smoothsatin]

CFEO had some serious buying pressure on Friday, 1 million + traded.

.245/.25 at present............

 

[Ruprect]

Just broken 50c on nearly 3 million shares traded today.

Well done guys for sticking this one out.

 

[chris1983]

I know you are right, but I bought anyway. Had my order on at 41c, but as I was going out to golf changed it to 40.5c and so only got 25,000. At least it was the low for the day.

I am still looking for a steady increase in price over the next month.

Not a bad little profit for a 2 week hold Glenhaven. I'm waiting for the deal to be secured. You will be counting even larger profits hopefully in 2-3 weeks time.