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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (23884)11/12/2003 2:03:31 PM
From: Eva  Respond to of 39344
 
Ralph E
Why is the volume so small on CKG , you ask?

It is in strong hands!
Who would sell it now!
We waited for so long, and the news are coming , yessireeeeeeee



To: Proud Deplorable who wrote (23884)11/12/2003 4:09:26 PM
From: TrueScouse  Read Replies (1) | Respond to of 39344
 
emerson:

Re CKG... I agree that you have to be suspicious of a breakout on such low volume. But Eva's right. It's in strong hands and also it has a small float. So when new buying interest does come in, it could move very quickly due to the lack of liquidity and a big spread between bid and ask. Meanwhile, it's fairly safe on the downside, IMHO, with close to $30 million in the bank.

I'm waiting for some exploration results over the next few months and then hopefully some institutional buying! <vbg>

Regards,
Howy