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PFT - Pure Foods Tasmania

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Re: COK - Cockatoo Coal

Quite a performance for Cockatoo Coal as they finish the day above a dollar at $1.01, up 19 cents, after trading between 78 cents and $1.135 during the day, and confirming a strong breakout.
The Posco and KEPCO factor are driving this one onwards.
 
Re: COK - Cockatoo Coal

Well someoine knew something yesterday about this mornings announcement :cautious: and who said insider trading was dead!?
 
Re: COK - Cockatoo Coal

Report out this morning: Acquisition of Surat Basin Exploration Tenements. Also a speeding ticket but that was always on the cards......
 
Re: COK - Cockatoo Coal

shaunm said:
Well someoine knew something yesterday about this mornings announcement :cautious: and who said insider trading was dead!?
Click to expand...

Yeah a bit suss - seems like COK is leaky :eek:

How can they say in their speeding ticket - not aware of any information that could effect SP - then at same time release an ann of a new tenement
 
Re: COK - Cockatoo Coal

Seems like there are a few panicky sellers today maybe caught up in the hype of this one and got in high yesterday.
 
Re: COK - Cockatoo Coal

Well I had been looking at COK for a while now and decided I had to have some COK and got in this morning at 99c Consequently I now feel like a bit of a COK!:
Looks like I'll be holding COK until it firms up again!?
 
Re: COK - Cockatoo Coal

Beyond all the discussion of price so far on this stock, there is an element that isn't going up and down every day - this company has solid management.

My view is that long term this stock is going places.

Norman Seckold was or is involved in the following stocks, and those who like his proactive corporate approach should get involved in the following companies:

CXC - massive resources and big upward potential
BMI - biomedical company that is poised for rapid growth
 
Re: COK - Cockatoo Coal

Agree JDC. Im in this long term, however always good fun to see it run and potentially take some profits.
 
Re: COK - Cockatoo Coal

All a bit of a puzzle that jump to $1.135 yesterday. Can't have been a leak as the final announcement wasn't that special. Surely someone didn't tell a lie to give themselves an opportunity to unload.

Anyway, everything looks solid for the year ahead.
 
Re: COK - Cockatoo Coal

Im no expert, but it just seemed like a bit of excitement due to very short line of sellers (down to 4 at one stage) and people jumping on in the hope of a massive run and a quick trade potential.

I would guess some of those jumped off today when it opened down.
 
Re: COK - Cockatoo Coal

wildmanchris said:
Seems like there are a few panicky sellers today maybe caught up in the hype of this one and got in high yesterday.
Click to expand...

From a friend of mine today who is heavily into COK:

Interesting article on business news-ninemsn. FLX struck a deal with South Korea to supply Coal. Initially I thought this was COK, alas I read on to see FLX etc. ooohh!!I Thought this was why COK jumped as they also have some major shareholders that are Korean and are linked directly to power stations.

My hope is that they get their act together and start producing asap. This will result in the Koreans influencing the price in an upwards direction. Korean comps. have a big stake in COK.


Any comments on potential Korean influence on COK?

Notice the follow on with MLM from COK's rise?
Taabinga has huge potential. Huge.
 
Re: COK - Cockatoo Coal


Hi Doesnt anyone know COK's current Resourse/Reserve status?

thx

MS

ACQUISITION OF SURAT BASIN EXPLORATION TENEMENTS
Acquisition of a further 816 square kilometres of EPCs in the Surat Basin
New tenements contiguous with existing projects
Drilling and exploration capability currently being increased
 
Re: COK - Cockatoo Coal

Can any holders or observers offer a possible reason for the drop in SP; apart from our market being a bit of a "basket case" at the moment!?
 
Re: COK - Cockatoo Coal

shaunm said:
Can any holders or observers offer a possible reason for the drop in SP; apart from our market being a bit of a "basket case" at the moment!?
Click to expand...

its hardly a drop imo (look at the 12 month chart)! 78c as we speak!

thx

MS

Cockatoo Coal Limited (COK) is a coal exploration company. Companys primary focus is on both thermal and metallurgical coal at its contiguous Wonbindi and Dingo projects in the Bowen Basin in Queensland.
 
Re: COK - Cockatoo Coal

shaunm said:
Can any holders or observers offer a possible reason for the drop in SP; apart from our market being a bit of a "basket case" at the moment!?
Click to expand...

Agree with Michael - only a drop if you bought it when it went a bit silly one crazy day in January. A long term share which should hold well in the current conditions IMO.
 
Re: COK - Cockatoo Coal

wildmanchris said:
Agree with Michael - only a drop if you bought it when it went a bit silly one crazy day in January. A long term share which should hold well in the current conditions IMO.
Click to expand...

Yep coal is still a necessity in a recession more than oil one could say!

The other thign is gold, as US dollar will be worthless if the fed cuts rates durign the recession

thx

MS
 
Re: COK - Cockatoo Coal

Dang COK is getting sold down (again) today.
This one is really hurting. I picked it up in the .90's.:chainsaw:
Let's just say I am sweating on some reports from the Surat tenements recently aquired.
 
Re: COK - Cockatoo Coal

Shaun - I wouldnt sweat this one unless you were trading it and hoping for a quick buck, it which case maybe a stop was in order.

I think the gains are to had for the patient. It's always hard - but ignore the short term loss and check it in 6 months. I dont think the Surat tenements will bring massive gains shott term - although Michael might have a better idea.

Note that this is only my opinion
 
Re: COK - Cockatoo Coal

shaunm said:
Dang COK is getting sold down (again) today.
This one is really hurting. I picked it up in the .90's.:chainsaw:
Let's just say I am sweating on some reports from the Surat tenements recently aquired.
Click to expand...

Hi shaunm, why didnt you buy at a lower price? you bought at the near peak?

thx

MS

Business Description
Cockatoo Coal Limited (COK) is a coal exploration company. Companys primary focus is on both thermal and metallurgical coal at its contiguous Wonbindi and Dingo projects in the Bowen Basin in Queensland.
 
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