Re: ..
in response to
by
posted on
Jan 08, 2013 09:14PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Anon then dumps 50-60k and starts the ball. Weak hands follow and fuel the sell off. Anon buys them back 6 cents cheaper. (accumulation. Note: someone is buying those shares that are being sold, a buyer for every seller)
Just to add to this. At first it's a silent face off...hmm who will fill that ask 1st. But when it's triggered it turns into a royal rumble of irrational panic selling. This is all we're seeing, nothing more. All fuelled by level 2 illusions and 100k shares.