CAY 13.0% 7.8¢ canyon resources limited

yep.... for my sentiments, a total disgrace; although at least i...

  1. 37,911 Posts.
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    yep.... for my sentiments, a total disgrace; although at least i did not lose any money this time (with 1.1 cent average). I sold 1/2 my holdings weeks ago after i mapped the recent results announcements, where the samples tested were from a very small area, which was disconcerting to me. then i exited the rest at open today. who could believe the 11% silica when their recent test announcement of 4 May had samples averaging 6.2% silica with 48% recovery (for 3% reactive silica)

    i tipped a mate into it, he bought at 1.6 cents weeks ago and I was explaining the announcement to him this morning, thanks to your fellow shareholder @ozbucheron, explaining $ x % Av. Al less $5/% of reactive silica . at least he got his $$ back. its a disgrace to me companies can do these things

    Last edited by ddzx: 15/07/20
 
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