Re: Profit Taking
in response to
by
posted on
Sep 24, 2013 08:40PM
100% interest: 4 strategic graphite properties / 2 past producing graphite mines in Ontario and Québec
I'm sure there is some profit taking.
A lot of the traders are pretty well all in on this for a possible lottery as ZEN was. As you know, many missed the ZEN boat and feel fortunate to have a second chance. So when a play like CKR which is married to CCB rolls out a very positive NR,many sold some to jump in to CKR for a possible run that didn't really happen. Some figured they would capitalize on a few cent move, sell and then jump back in to CCB.
A bit of a retrace which really means nothing. There should be news of some kind very soon. We have some drill results as well. I expect them to be great.
I think we'll see much more accumulation in the days to come. One of the reasons I say that is because of the Battery Show. I'm sure there was a lot of exposure. I pulled this post from Stockhouse which I feel is telling:
http://www.europac.ca/about/company_profile_ca
Euro Pac's Chief Global Strategist, Peter Schiff, an internationally recognized economist and financial analyst. If you read the Barron's Mr. Schiff is featured in many of their articles, he's one of the top guys financial analysts in the world.
Great to see his firm/clients buying CCB. It would be nice if he recommended CCB in the Barron's. That would really get investors attention around the world to our story.
Read more at http://www.stockhouse.com/companies/bullboard/v.ccb/canada-carbon-inc?postid=21764680#tsFdC5Vz51PKJd6g.99
The above is or could be a maasive apmount of exposure. The fact that guy like Mr. Schiff is interested is awesome..
We could expect more of this in the very near future...:)
CKR has property right next to CCB. Apparently they share the same office space as CCB. From what I understand the CCB geo has done some work for them as well. Of course they have a great property next to ZEN:
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2013) - CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX VENTURE:CKR)(FRANKFURT:CB8) has posted the 1.6 kilometer-long geophysical cross-section for its Mulloy graphite project, located ten kilometers west of the Zenyatta Ventures Ltd. Albany graphite project in Ontario. The cross-section identifies four electromagnetic (EM) conductors along a north-south line that crosses the approximate position of a historical drill hole that encountered high visual graphite over 38.46 meters (see news release, August 15, 2013)
Read more at http://www.stockhouse.com/News/Press-Releases/2013/09/19/Caribou-Posts-1-6-Kilometer-Long-Cross-Section-Showing-Four-EM-Conductors-at#kuTy0gZQ27QSUC0q.99
http://www.caribouking.com/index.php
The above will take you to the website. This info may be found on agoracom. Not sure.
regards
Don