CR9 - Corella Resources

[brerwallabi]

Director purchases 400,000 yesterday and today the price collapses.
Seems a don’t worry I am buying, whilst possibly lead manager from way back dumps to make a quid.
Can’t see any reason when things are lining up to mine.

 

[brerwallabi]

No new news on CR9, price languishes now at 2.6cents after a big dump of over 3.5million shares one day last week.
Can’t understand what the reason was especially when they just raised additional capital at 3cents to proceed with scoping and PFS and additional exploration.
Maybe someone does not like Peak the lead manager in the new raising.

 

[brerwallabi]

Picking CR9 in the monthly comp based on a very big volume day for them today.
The volume today surprised being the largest for the past four months.
Nothing has happened in the past four months no news on scoping, no assay results, no offtakes looks like they have closed the communication door.
Nothing in the quarterly and today a turnover of 1.4 million shares way over the normal amount traded.
My thoughts are maybe there is some news on the way.

 

[Knobby22]

Picking CR9 in the monthly comp based on a very big volume day for them today.
The volume today surprised being the largest for the past four months.
Nothing has happened in the past four months no news on scoping, no assay results, no offtakes looks like they have closed the communication door.
Nothing in the quarterly and today a turnover of 1.4 million shares way over the normal amount traded.
My thoughts are maybe there is some news on the way.

Resource upgrade today. I reckon that was what caused the volume.

 

[brerwallabi]

Picking CR9 in the monthly comp based on a very big volume day for them today.
The volume today surprised being the largest for the past four months.
Nothing has happened in the past four months no news on scoping, no assay results, no offtakes looks like they have closed the communication door.
Nothing in the quarterly and today a turnover of 1.4 million shares way over the normal amount traded.
My thoughts are maybe there is some news on the way.

Resource upgrade today. I reckon that was what caused the volume.

Didn’t see that I only noticed the volume on my phone app after the market closed and decided that something must be up. I am travelling in Laos at the moment the internet is very intermittent here sometimes due to the rainy season.

 

[brerwallabi]

My pick again in the monthly comp.
Reasons are scoping study overdue possibly this month.
A couple of extremely high volume days for the stock the past few days with the closing price above the opening price on those days.
No news from this stock for the past five months, I feel something happening.

 

[brerwallabi]

About time.
The announcement today below did not move the price, till they have some offtakes nothing is going happen.
I made a big mistake when I sold CR9 last year I thought my holding was 50000 when in fact it was 55000, so I still have 5000 shares which will be a reminder to stay away from kaolin stocks.
Currently trading at $0.018.

Australian High Purity Alumina (HPA), kaolin and silica exploration company Corella Resources Ltd
(ASX:CR9) (Corella or the Company) is pleased to announce the successful confirmation of further
5N (99.999% purity) High Purity Alumina (HPA) production from a 100kg composite sample
consolidated from the sonic core program obtained from across the Tampu deposit. This significant
milestone marks a pivotal advancement in Corella's exploration and production efforts within the
high-value HPA sector.