CAY

1.03%

9.8¢ canyon resources limited

Ann: Chief Financial Officer and Company Secretary Appointment, page-22

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22/05/20

22:49

Post #: 44787849
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Originally posted by grahod: ↑

Significant and sustained buying volume from the sophisticated market may result from them being able to analyse the business metrics when available to the market.

Significant and sustained buying volume from the retail market will only happen if the decision from the above group starts moving in on this one.

Maybe the $50k accumulator is an experienced one but I also know plenty of people that have that sort of money laying around that haven't any idea in this game.

I believe the CAY market accumulators is relatively small and taking into account of such thin market depth when it was sub 10c it didn't take much(again relatively) money to move this one from it's lows. The market needs to be led to the gold with this one, by heavy deep pocket entities. I believe they understand the asset and the retail does not.

I've stopped accumulating CAY and when funds are available going to cherry pick into the cryptos. I believe that is a class that hasn't fully unfolded and still has massive upside. Whats relevant with cryptos is not the fundamentals so much, it's the way the market will continue to treat and perceive it and IMO will attract more and more market participants, especially as the system becomes more unstable with all the money printing going on.

I'm hoping CAY gets taken out within 12-24 mths. Before we see the repercussions of all this money printing. But then again there was plenty of quality assets that went against the grain in the bad markets post GFC.

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PFS due this quarter , I'm betting we're gonna see some sort of upward share price action this year.

I believe CAY have got Rick Smith on board to bring this Monster Tier 1 Bauxite deposit into a powerhouse operation just like The GAC Project.

CAY Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.8¢		Change 0.001(1.03%)		Mkt cap ! $138.5M

Open	High	Low	Value	Volume
9.9¢	9.9¢	9.7¢	$150.2K	1.537M

Buyers (Bids)

No.	Vol.	Price($)
2	639125	9.8¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	225364	4

View Market Depth

No.	Vol.	Price($)
2	639125	0.098
2	525000	0.097
2	506250	0.096
3	2180000	0.095
1	5333	0.094

Price($)	Vol.	No.
0.100	225364	4
0.105	806659	7
0.110	793153	8
0.120	592500	5
0.125	13000	1

Last trade - 16.10pm 04/10/2024 (20 minute delay)

CAY (ASX) Chart

Ann: Chief Financial Officer and Company Secretary Appointment, page-22

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Ann: Chief Financial Officer and Company Secretary Appointment, page-22

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News