CLN 3.41% 8.5¢ colonial resources limited

buying activity, page-3

  1. 2,454 Posts.
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    Yeah I'd say so.

    The buying has been very keen and always there regardless of what the market is doing. Which is why I continually give credit to the underwriters. But it could just as easilly be another broker or a finacial institution or both... Given the cash reserves and current resources the stock is already somewhat derisked at this price level

    I'd love to see an announcement detailing commencement of exploration program and feasibilty work.

    And still waiting for presentation too as the market knows nothing. Maybe they're waiting for 12 or 15c before releasing announcements or commencing promotional activity.

    Regardless, I like where this is headed.
 
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