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Gold/Mining/Energy : Century Mining Corporation

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To: David who wrote (505)8/4/2008 12:25:24 AM
From: hubris33  Read Replies (1) of 545
 
The speculation I've heard is that Wega found a buyer for its last ~6 Million shares and most of that volume Friday was as result of those trades. Lots of big blocks sold from RBC, apparently Wega's broker. RBC volume was 4.05 MM shares. Over the last week RBC sold 8.5 MM shares.

Once Wega is gone off of the ask [should be there], I expect we'll see speculators take the price up. If that happens watch the volume. If the volume fades on the run up like it did on the last little rally then this rally will collapse.

Good luck! imho CMM is only a lottery ticket until it gets some financing worked out and the clock is ticking. Kent said they needed something within 6 weeks and that was on July 22....two weeks down and four weeks to go....

H3
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