Re: Teck shares
in response to
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Welcome To the Copper Fox Metals Inc. HUB On AGORACOM
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%)
Message: Re: Teck shares
Radagast, same question I have been asking myself. Seems no end of their inventory. They have put tremendous pressure on the stock from over $1.00 and still seem to be satisfied with the price in this range having sold a ton of shares under annon. in large dumps. When you consider the insider holdings and the longs, how many shares are available in the trading float. I know people will sell for all kinds of reasons so I am just speculating. BUT IF there was a large seller, who might that be?
Whatever happened to Stifel
Just looking back at Stifel average price to April 21st....he put in 7.6 million$ at average $2.40
Stifel bought April 2011
Broker Positions for C:CUU Broker #82 from 20110328 to 20110421
| Date | Bought | $Val | Ave | Sold | $Val | Ave | Net | Position | $Net | $Position |
| 20110331 | 142,000 | 274,424 | 1.933 | 0 | 142,000 | 142,000 | -274,424 | -274,424 | ||
| 20110401 | 44,500 | 85,130 | 1.913 | 0 | 44,500 | 186,500 | -85,130 | -359,554 | ||
| 20110404 | 58,200 | 111,429 | 1.915 | 0 | 58,200 | 244,700 | -111,429 | -470,983 | ||
| 20110405 | 604,700 | 1,214,447 | 2.008 | 0 | 604,700 | 849,400 | -1,214,447 | -1,685,430 | ||
| 20110406 | 144,700 | 303,031 | 2.094 | 0 | 144,700 | 994,100 | -303,031 | -1,988,461 | ||
| 20110407 | 328,700 | 815,756 | 2.482 | 18,000 | 47,700 | 2.65 | 310,700 | 1,304,800 | -768,056 | -2,756,517 |
| 20110408 | 651,000 | 1,759,495 | 2.703 | 0 | 651,000 | 1,955,800 | -1,759,495 | -4,516,012 | ||
| 20110411 | 204,400 | 547,262 | 2.677 | 0 | 204,400 | 2,160,200 | -547,262 | -5,063,274 | ||
| 20110412 | 81,400 | 208,264 | 2.559 | 0 | 81,400 | 2,241,600 | -208,264 | -5,271,538 | ||
| 20110413 | 386,000 | 993,149 | 2.573 | 200,000 | 514,000 | 2.57 | 186,000 | 2,427,600 | -479,149 | -5,750,687 |
| 20110414 | 56,700 | 139,647 | 2.463 | 50,000 | 123,500 | 2.47 | 6,700 | 2,434,300 | -16,147 | -5,766,834 |
| 20110415 | 6,200 | 14,322 | 2.31 | 0 | 6,200 | 2,440,500 | -14,322 | -5,781,156 | ||
| 20110418 | 84,900 | 197,010 | 2.32 | 0 | 84,900 | 2,525,400 | -197,010 | -5,978,166 | ||
| 20110419 | 44,000 | 101,126 | 2.298 | 0 | 44,000 | 2,569,400 | -101,126 | -6,079,292 | ||
| 20110420 | 214,900 | 552,347 | 2.57 | 0 | 214,900 | 2,784,300 | -552,347 | -6,631,639 | ||
| 20110421 | 123,800 | 334,076 | 2.699 | 0 | 123,800 | 2,908,100 | -334,076 | -6,965,715 | ||
| TOTAL | 3,176,100 | 7,650,915 | 2.409 | 268,000 | 685,200 | 2.557 | 2,908,100 | -6,965 |
Maybe Macdonald who owned about 12 Million shares with a very high average is having
to unload for financial reasons, who really knows? There area number of BOD who are no longer involved, maybe one of them.?
We are all just guessing but there seems to be a lot of stock available especially now when updates on VD and maybe some news on optimizations on SC.
Insiders excercising at 14.5 cents recently, one would think that might show some support. These forces affecting our share price seem to be in control. Where will the support really kick in? Elmer needs to put a positive spin on any developments to create some buying. All we need are a few investors commiting to a few million shares and all this annon. would be finished and the offerings would dry up.
Terrific buying opportunity if you dont have a limited time frame but when you own 300k shares averaging above a dollar, you kinda get very impatient. The story for me is the same and having TCK as a partner still gives me a ray of hope [for now] for the future. My expectations have been lowered but I still hope to make some money.
R
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