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@Powderhound1 Pretium is managing the construction themselves which has been very challenging onsite since their onsite people are quite disorganized
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@Goldfinger One might consider buying the strongest stocks at support: http://cdn.ceo.ca/1cc06g2-CNL.TO.png+ $CNL
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@Pete86 I guess we didn't reach the bottom already. Still lots or room for more downside
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@dirkdiggler 'lots more downside' based on what @Pete86? $4.00 zone is obvious support - should be solid enough, if $gold cooperates.
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wannabeinvestor Warrants finished up today I think
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@Pete86 Lots more downside based on my hope to buy more shares:) The cheaper it gets , the more I would buy.)
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@BS Possible targets for gold takeover? $cnl, $amm, $ooo, $idm, although some of these still need to be derisked a bit more... Others? Is there a tag/room for takeover targets?
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@bullionaire $CNL 280 = 300 k a year... not sure on what they would likely want to grow to..
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@dirkdiggler High grade comparative: $PVG vs $CNL - "player to player / pimp to pimp"
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@dirkdiggler Colombia vs BC: I hear that breakfasts in Colombia, the kind you find on any street side cafe, make Denny's Grand Slam breakfast look like a carrot stick. $PVG $CNL
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@Pete86 Lol, take overt target? never ever, it keeps going down, are we gonne finish down about 10% again? Why not :)
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@Pete86 Down about 33% within 2 weeks :) and no inisder buying by management. Why? cause they know its going much more down
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@BS You in a bubble Pete? Every gold stock is down these past 2 weeks. Nothing changed about the story. You never buy clothes on sale? Here's your opportunity to buy CNL on sale
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@Pete86 right, but CNL is pretending to be one or even though the best gold developement project all around the world, so they should perform better then their peers. But the opposite is going on, CNL the worst performer in the sector
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@BS So they're cheaper now and more likely to be taken out. I bet several possible suitors are accumulating as we speak
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@Pete86 don't think so. There are always some leaks, which means, if there would be a suitor, sp pattern would look different. There wouldn't be such a sell off
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wannabeinvestor @pete86, are you a victim of Colossus? Why the bashing?
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@zeroboot @pete86 save your bull5417 for stockhouse
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@highgrade wannabeinvestor - lol, I'm actually a victim of colossus. it sucked but time heals. I do believe in CNL though. Just wish the TO will come soon, I need some more redeployment cash.
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@Pete86 No,was not affected by Colossus (not in the mining business at that time).
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@rdww CNL - Berlin has potential to be bigger than the 2 veins they are focused on now, per Ari at Summit.
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@Goldfinger There's a lot of attractive values out there, and I would have to look to names likes $CNL and $SBB first if I were deploying fresh capital to the precious metals sector. $gold
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@Goldfinger $CNL - 200-day moving average isn't 'support,' because it's a moving target, but sometimes it works well as an area in which buyers show up to stop declines. http://cdn.ceo.ca/1cc635a-CNL.TO_Daily_3.10.2017.png+
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@lukejackson Long the warrants here for a trade. $CNL looks to be the cheapest I can see on the board. Might buy a bit of stock, too, if gold does indeed find its footing. I just can't imagine there isn't a major or 2 adding 9.9% with the complete dearth of quality exploration out there. Berlin is very exciting too. Just like everything about this at $3.90. Warrants carry obvious risk, expiring in Dec
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@lukejackson Nice 10% bounce out of $CNL over the past two days.
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@Pete86 Probably dead cat bouncing. We need to get to 2 bucks before we get to the ATH. So, after 2 green days we need another sell off today
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@Wannabeinvestor @Pete86, what's with the negativity?
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@Pete86 Like I said first down to 2 bucks then up to 10 bucks:)
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@Wannabeinvestor If you look at the graph since the start of 2016 it's trending higher and yes, it's been volatile, but unless $gold sells off and revisits the lows in 2015, I don't see $CNL around C$2 range at all.
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@Pete86 Neither do I, but hope dies last.
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@Wannabeinvestor Buy the warrants, @Pete86
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@lukejackson Sell me your warrants Pete (Pete knows lots of warrant holders look at this forum).
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@Pete86 Don't like the warrants, just own shares
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@lukejackson Good call on the bounce in gold @goldfinger - this one looks kinda sorta like it could be a good one. Think it will move equities pretty hard. $CNL's volatility has been incredible. I could see it making new 52 week highs over the next couple weeks. I'm biased.
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@Goldfinger Thanks @lukejackson, we had a nice trade in $CNL in the Trading Lab. Today's rally definitely should be a big relief to gold bulls.
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@Fried Next CBM-Buritica-Project $CNL This one could be a life changer type stock. Results are the best I have ever seen for a junior company. Anon still holding us back, once he is out of the way this will really get running! $CDB $RobertFriedland $Gold
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@Pete86 Anything going on in Colombia, all Colombian juniors are down
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wannabeinvestor I was wondering about the same thing @Pete86 Anyone have any views? $CNL, $R, $CDB
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@Pete86 GDXJ and HUI down as well, but CNL is one of the most volatile juniors. Everyday like +-10%, amazing
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@Pete86 Did anybody talk to the management who could be the seller?
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@racker Ari Sussman, President and CEO of Continental Gold $CNL, presents at the Subscriber Summit March 4, 2017 in Toronto https://youtu.be/mByAQxDbIOM+ on Buritica next steps, Berlin drilling and more
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@Pete86 Luv the upside potential with all that drilling, exploration and infill. According to Ari they start infill drilling within next weeks to get an better understanding of the true width of the veins. Lots of upside potential cause first test stopes last year came up with much better results than the study assumes. Could add another 2 million ounzes within current reserve. They also plan infill drilling within the inferred resource. Will also add million of ounces to the reserve. Last but not least they will do some infill drilling. The bottom line is after 2 years focusing on permitting and developing the Buritica projekt they now focus on finding and upgrading ounces. Of course, constructing the Brutica project is an ipmortant issue as well :) Good times ahead, we'll see much higher valuations.
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@Wannabeinvestor so are you finally long $CNL @Pete86?
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@Pete86 of course. But its okay for me if share price still goes down a bit, I'd like to buy more cheap shares
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@dirkdiggler a tad bi-polar with this one eh @Pete86? Suppose it depends on how one is currently positioned? 😉
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@highgrade There was an excellent post on SH from March 18th talking about a near-term TO on $CNL.
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SEDI_bot Continental Gold Inc. $CNL just filed 1 reports. View full report: SEDI:CNL - Ari Sussman buys 10k shares at $4.10 a share in the open market
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@Pete86 Sure, he knows that CNL is damn cheap
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@drezinho @highgrade $CNL Interesting that the SH post suggests that MINERSA, a company owned by Abu Dhabi's state investment fund, is the likely acquirer due to its interest in consolidating land package that includes $CNL claims. Don't know if the author's claims can be verified but they're certainly plausible ... at least as far as conspiracy theories go.
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