Good evening all,
I usually like to speculate on companies and stock manipulation because most of the time it’s just people losing money carrying on because there is endless supply dumping ect. Watching the price action here it’s absolutely clear the price is being manipulated and tricking retailers to sell and running stops, I noticed today 11 buyers of 7500 shares disappear today with no course of sale and then 8 sellers move into the same price, That doesn’t happen without games.
Also every day at 3.59pm majority of sell orders are removed 10-20 sellers, that’s not retail investors, Not that it bothers me personally as Calidus is a great very very undervalued company people are just waiting for a bit of confidence. It’s just annoying watching retailers get tricked and moving the price low as all gold stocks rally.
This is a very tightly held stock with last annual 56% are top 20 shareholders. Has anyone seen an announcement of change in substantial holding selling out? NOPE
Think about it the price is being plaid with and taking retailers with it!
The reality here is we have a plant that is performing amazingly producing gold at a 98% recovery, water issue will be fixed even in worst case they need to pipe it from the nearest main, we know they water underground is huge as drilling issues back in the day due to too much water.
They have full staff, all machines working and a bloody good gold price. Dave said 1st quarter 2023 will make good cash. So what’s the panic here! If you fall for the tiny orders running stops then you’re not built for this game! Warren Buffetts best quote is” the stock market is an instrument to transfer wealth from the Impatient to the patient” Simple
Dave said Update next week!
Our first 6 weeks of gold below, don’t think that’s going to just stop. It’s only going to improve, especially now we have tossed every resource possible at the project and fine tuned processes and de risk water for good!
If you believe in this project hold
If you don’t then sell
Market cap 140,000,000
Cash 30,000,000
Aisc $1600 worse case
Current gold price $2620
Warrawoona village crew at sunset
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $95.16M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.5¢ | $72.39K | 577.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 8617 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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13.0¢ | 276076 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 8617 | 0.125 |
32 | 1316948 | 0.120 |
19 | 2094655 | 0.115 |
12 | 1062899 | 0.110 |
8 | 969997 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 276076 | 4 |
0.135 | 617946 | 7 |
0.140 | 781945 | 14 |
0.145 | 341750 | 4 |
0.150 | 546121 | 10 |
Last trade - 15.59pm 07/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
12.5¢ | 12.5¢ | 12.5¢ | 175588 | ||
Last updated 15.40pm 07/05/2024 ? |
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