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Hi folks,
CUR ... figure this one may live up to it's dog-like profile,
at least in its early life ...
happy days
paul
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CUR - Centaurus Resources
- Thread starter Trader Paul
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Hi folks,
CUR ... figure this one may live up to it's dog-like profile,
at least in its early life ...
happy days
paul
=====
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what the heck?
this new ipo is rocketing.
any idea why?
increase almost 4 fold to $1 high.
jeez, i wish i apply for the ipo.
lucky holders.
this new ipo is rocketing.
any idea why?
increase almost 4 fold to $1 high.
jeez, i wish i apply for the ipo.
lucky holders.
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Yeah..IPOs are becoming like placing chips on the red and black squares, but at least you've got better odds than the dealer!
Actually ASX should fully computerize the IPO market. In other markets it's much easier...just apply for them online as per buying shares.
Back to CUR...it slipped through my radar. what with at least 1 new IPO on mineral exploration coming out EVERY WEEK, I didn't cast it a second glance.
Amazing, the run. I can't believe it. In this current market too!
Actually ASX should fully computerize the IPO market. In other markets it's much easier...just apply for them online as per buying shares.
Back to CUR...it slipped through my radar. what with at least 1 new IPO on mineral exploration coming out EVERY WEEK, I didn't cast it a second glance.
Amazing, the run. I can't believe it. In this current market too!
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CUR ... figure this one may live up to it's dog-like profile,
at least in its early life ...
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dog like? in its early life?
ha ha...might have to rethink that one Yogi!
400% in its birth! or maybe it's a monster dog.
ok, off topic already.
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I wonder about these tightly held issues with only one broker.
I wonder how many XT (cross trades) there are.
I dare say they may be a case of market manipulation to some extent, especially if as I'm hearing that one broker controls the majority of the 'free float'
I wonder how many XT (cross trades) there are.
I dare say they may be a case of market manipulation to some extent, especially if as I'm hearing that one broker controls the majority of the 'free float'
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Closed at a record high of $1.80 today albeit on low volumes.....does anyone have any opinion on this one?
michael_selway
Coal & Phosphate, thats it!
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Wow crazy this stock
"Centaurus is a minerals exploration company established to explore for base metal and gold deposits in Australia.
The Company is targeting high quality, under explored projects within the highly productive Lachlan Fold Belt of NSW and Archaean Yilgarn Craton in Western Australia.
Centaurus Resources Limited was quoted on the ASX on 10 August 2007. "
thx
MS
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SP up 25% this week and the Directors have been purchasing on market between $1.80 and $2.00 at the end of December.
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check the recent run on this... moved from 1.70 to 2.75 in a matter of weeks...
should have bought more
should have bought more
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check the recent run on this... moved from 1.70 to 2.75 in a matter of weeks...
should have bought more
Hit and all time high of $3.30 today and closed at $3.25. All sorts of stories are emerging about CUR, I wonder if any are true!!!
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Closed at $5.95. What a run over the last month. Is there anyone on this? People are talking about 10X current market cap!!!
Sean K
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Holy CRAP!! Can you paste in the justification for that. Sounds rampish, especially after it's gone from 50c to 6 bucks in 10 months!! Golly, what a return!
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Its only talk that they may have a combined iron and magnesium resource worth $1.9b. However, they ought to be in iron ore production by 1st quarter 2009.
Why do you think the sp has gone from 0.50c to almost $6?
Why do you think the sp has gone from 0.50c to almost $6?
Sean K
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Perhaps because the chart I posted in shows the stock going from 50c to $6.
Is that incorrect?
And, I would really like to hear about the 'talk', seriously. A 10 bagger from here?
What you have posted up doesn't sound like 10 bagger to me...
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Friday, 30 May 2008
PERTH-based explorer Centaurus Resources has acquired the Ipê manganese project in Brazil for $US23 million ($AA million).
After emerging from a trading halt today, Centaurus shares rose 26.6% or $1.25 to $5.95 on the back of the announcement.
The Ip̻ project is a 12km by 4km tenement package containing two mining leases Рone is still pending Рand six exploration tenements covering 44 square kilometres.
The project recently boasted an active manganese mine within an otherwise largely unexplored 16km belt of rocks highly prospective for manganese ore.
Centaurus’ initial target tonnage for the project is 6 to 10 million tonnes of manganese, based on geological mapping.
The project is located within 50km of Centaurus’ existing Brazilian iron ore projects, three of which were acquired in April.
Ends..........
PERTH-based explorer Centaurus Resources has acquired the Ipê manganese project in Brazil for $US23 million ($AA million).
After emerging from a trading halt today, Centaurus shares rose 26.6% or $1.25 to $5.95 on the back of the announcement.
The Ip̻ project is a 12km by 4km tenement package containing two mining leases Рone is still pending Рand six exploration tenements covering 44 square kilometres.
The project recently boasted an active manganese mine within an otherwise largely unexplored 16km belt of rocks highly prospective for manganese ore.
Centaurus’ initial target tonnage for the project is 6 to 10 million tonnes of manganese, based on geological mapping.
The project is located within 50km of Centaurus’ existing Brazilian iron ore projects, three of which were acquired in April.
Ends..........
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Only about 26million shares on issue so seems very illiquid and might explain the run.
Will need to dilute so they may use these high prices to offer more stock
Will need to dilute so they may use these high prices to offer more stock
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traded as lows as $1.05 today... far cry from $6 not that many months ago...
things can change so quick in current climate, but if anything the fundamentals have improved since last time... they have a buyer for their liberdade project which should hopefully load them up with cash to finance further drilling of itambe and manganes tenements...
the biggest problem for junior miners in current market is lack of cash due to the inability to raise funds... CUR should have that problem covered shortly...
things can change so quick in current climate, but if anything the fundamentals have improved since last time... they have a buyer for their liberdade project which should hopefully load them up with cash to finance further drilling of itambe and manganes tenements...
the biggest problem for junior miners in current market is lack of cash due to the inability to raise funds... CUR should have that problem covered shortly...
centaurus has released an ann regarding initial drilling at its passabem Fe project in brazil
sp had a nice run-up over last fortnight and is currently up .01 to .57 on small volume
cheers
passabem is surrounded by world-class Fe mines owned by the likes of vale
sp had a nice run-up over last fortnight and is currently up .01 to .57 on small volume
cheers
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