Hi Imane,
according to Canada Stockwatch today CLN traded 123,000 shares, closing at $0.66!
Well, I still hope that the news release will come out this week, on the other hand, considering that it is month end, and tomorrow is Friday, who knows, maybe it'll be early next week.
The only thing I'm sure about, is that CLN's management is working very hard to give us (and themselves) a FANTASTIC DEAL, but they wanna do it right, and not leave anything to chance! So, please, all of you CLN shareholders, be just a bit patient (I know its hard, but trust me, its hard for me, too).
So, while the company takes care of business, allow me to share with you a few of the things I've noticed during this quite exciting week...
1) I checked through Canada Stockwatch, and as of Jan 29/97, they are NO SHORTS reported in CLN, although, between JAN 24 and 29/97 CLN had really nice runs, on volumes of 358,500 shares, 380,475 shares (when it hit $0.90) and 163,000 shares respectively. No shorts? Hmmmmm...
Have they learned a lesson (expensive one, too) from GNU:T and HXG:V?
2) Levesque, Canaccord, Global and DS are the main buyers, holding a positive net of over 350,000 shares!
Canaccord has a HOLD recommendation on Golden Rule shares, for those who want to buy, Graeme Currie (mining analyst for Canaccord, suggesting to buy on future weakness.
And Cannacord has a positive net buying of 95,000 shares this week in CLN!!!
3) Careful with stop losses! The shares sold today at $0.60 came because somebody who probably is not aware of the FUNDAMENTAL values of CLN has put a stop loss at $0.60! Smart guys were watching the board and picked them up in a big hurry, the market bouncing right back to $0.70 after that, as if nothing happened!
That should be it for now. The market looks solid, considering that the CLN story isn't very well known yet. Let people know!
We got a great company, with a bright future, which is still at floor level!!! And I don't think, for long!
All the best,
Silviu
P.S. Claimstaker's home page is: infodine.com |
