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@cole119 We might close at another HOD this afternoon. There were a few of those in March/April 2016.
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@cole119 Interesting from @Tommy tease of Ceo Pro - the $NXE Asks are very thin, and most are "old". Really looking forward to it, you'll have a subscriber here.
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@cole119 Another good day for $CCO, $17.43, up nearly 5%. As $NXE shareholders, this is a huge positive. Congrats to all $NXE longs for another great day, week and first 2 weeks of January.
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@cole119 Someone really messing pre mkt. I see 3.59? Roller coaster today.
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@cole119 Seems to happen when someone wants to initiate a profit taking day.. should be fun to watch!
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@Rulingmining @cole119 I am not a trader myself, so you're saying someone makes a large premarket bid, which will run up the price. Have their sells in place, then they cancel the bid just before the open and others fill the sell?
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@cole119 That's what I've seen. I don't trade either but it seems like a good strategy especially after a big run up.
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@cole119 Well said @searunner
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@cole119 Once a stock like this - with so many upcoming catalysts - has broken into uncharted territory, all bets are off. Sure there will be some days like today when it looks confusing but reality is someone is taking profits to drive the price down, only to build a larger share position. Almost always done by anonymous.
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@EvenPrime @cole119 you nailed it! And its this reason why I think the correction may be just a tight consolidation instead
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@cole119 Thanks @EvenPrime much appreciated!
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@cole119 How much of your portfolio would you "bet" on $MMS? Percentage?
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@Rulingmining @cole119 Save your money. There is so much supply in iron ore. Additionally China is reducing their steel capacity. Bullish for steel as there will be less. Bearish for iron ore which goes into steel. http://www.reuters.com/article/us-asia-ironore-idUSKBN14U0OH
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@ylr @cole119 I have 10% in it.
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@cole119 Ok @ylr. Thank you. Just trying to get an idea of your risk tolerance. I don't have any real money outside of $NXE, and not about to anytime soon. Couple small positions elsewhere but its in the few thousand dollars range - just play money. I #justnexgenandchill $NXE
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@cole119 @Staffpro Fool me once shame on me... fool me twice .. shame on... oh wait, how does it go? 😉
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@cole119 We are likely max 6 weeks plus a day or two from RE2. Don't say no one told ya....
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@cole119 Keep in mind, we are a mere few hundred folks at most who read these forums/blogs (CEO,SH, etc). Many retail traders and large volume buy and hold types who rely mainly on analyst reports and broker recommendations. They are the ones who will be truly shocked at the RE2, and consequently will buy more shares AFTER the news release and really drive up the price - once risk is lower. What us types get is the rise in anticipation, and the Big Bang of the release. We're taking the greater (calculated) risk for the bigger reward. I'm glad I wasn't on the sidelines prior to MRE on March 3, and added substantially in the weeks afterward. Sitting on a full position for RE2. 6 weeks is nothing.
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@cole119 No surprises here, corrections are healthy.
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@cole119 March - April RE2 was emphasized a second time. It's almost 100% guarantee to be a repeat of last years - just before PDAC
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@cole119 Andy Bell somewhat entertaining for an otherwise very bland BNN.
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@cole119 Cigar and Patterson Lake no where near one another. I believe many hundreds of Km
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@cole119 $CCO drop tomorrow will have nothing to do with technicals. The news release tells us everything. Agree with @goldfinger for tomorrow analysis for the sector.
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@cole119 Leigh's optimistic goal for production is 2022/23 That's 6 ish years from now. If he thinks it can be done, it likely can.
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@cole119 Some folks prove they are worth ignoring, and not respond to. They don't understand logic and reason. Another Example is the unnamed guy who's thinks he's winning on his cco bet today because of friggin technicals, lol!
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@cole119 What walls? It will be volatile today for $NXE. Some panic sellers, and just as many opportunists. My gut says we close around the 3.05-3.10 range. No technicals needed. #BTFD (That hasn't been brought up in a while @Pamplonatrader)
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@cole119 Their news release had NOTHING to do with it..
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@cole119 Agreed @pamplonatrader.
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@cole119 keep digging @lenihan
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@cole119 gotta stop responding to lenihan, very obvious his intentions.
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@cole119 Early yet @speculator but $NXE patterns are very predictable. Selloff days in a bullish run are never that bad in the end.
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@cole119 Well put anonymous.
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@EvenPrime Anyone going to the Nexgen Energy-Rook1/Arrow Project spiel at noon with Garrett? I will be there, but will need to leave as soon as it is over to catch the remainder of my class. Would be nice to put a few faces to some names. @cole119 - you still going? $NXE
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@cole119 Yep @rulingmining I'm still going. I'll be sure to reach out to folks there. Look for a group of east Indian guys. (no we will not jump you ;) Vancouver joke).
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@Rulingmining @cole119 Wish I was going. Unfortunately, I'm in Ottawa.
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@cole119 Oops I meant @evenprime - still going.
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@cole119 welcome @trex and excellent first post/contribution.
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@EvenPrime @cole119 I don't see your group. @richardhuang are u here? I'm in the back where a black shirt with purple stripes
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@trex @cole119 thank you! @EricTheActor yes, pretty much.
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@cole119 Say please and thank you... I believe Warren has said he is well over 400MLbs (up to end of August drill results) and will not do any further calculations. RE2 is close enough that he will wait for the official results just like the rest of us. If one wants to have an idea of the resource size speculation, just need to scroll back on this board. Start mid approx 2016 and there is a tonne of gold.
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@cole119 Nice to meet some fellow $NXE longs yesterday, both @evenprime and @erictheactor. Though Garretts presentation was more technical/geo focused, it was worth attending nonetheless. The biggest takes I got was 1) RE2 is being calculated in house, with RPA to "rubber stamp it" . March/April date confirmed once again and 2) There is a shit-ton of land to explore outside Arrow. The "mirror" of Arrow to the east has been discussed briefly before and it is a real target. Not a priority during this winter drilling, but the plan is to move a drill rig there and try to get 3 holes in - after the other regional drilling targets have been met. 75% arrow drilling, 25% other for upcoming winter drill program.
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@PamplonaTrader @cole119 you are missing the reason why the 180 step out is "extremely important". Slide 20 of the Sask Geo Open House presentation, I believe.
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@cole119 Sorry I didnt mention the 180 stepout, but yes - Garrett was extremely giddy talking about the 180M step out. Drilling in between has also hit every hole. It literally could all be connected.
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@camericd @cole119 - thanks for the recap of yesterday's presentation for us inventors not in the vancouver area.
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@cole119 https://www.youtube.com/watch?v=ngKT3MIfwpo+ always worth a watch.
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@cole119 Cormark Accumulator still very active, another 350K shares recently @ 3.35
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@oljenks @cole119 appears it was a cross trade. any thoughts on why and what implications it may have?
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@cole119 I don't know how Cormark "gets" these shares but they are all likely going to 1 buyer. Perhaps they have existing smaller holders who are willing to part with some of their shares, and allow Cormark to re-accumulate on their behalf - should they wish to. Cross trades typically mean someone is accumulating a large position. This is also confirmed via "word on the street" from some people I know. The general consensus is less and less shares become available to retail traders. Volatility - especially upwards - will tend to be more likely on "good" news and catalysts. Hang onto those shares!
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@cole119 Today Cormark is active once again, net gain of 150K shares so far. Also Credit Suisse must have an accumulator. Since beginning of January, over 1m shares on the buy side, literally zero on the sell side. I love it when shares go to tighter hands.
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@cole119 Highest closing price for $NXE. It's just too easy with this stock. That's why I don't understand the deniers. Even a somewhat dumb a** like me gonna make enough to quit work. Just over 5 weeks to RE2. Then let the real frenzy begin
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