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@0Kib 0.1% success rate....how can you not have #luck when investing in junior exploration?
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@tcu looks like retail bids trying to chase now. could even close green $CDB
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@tumbleweed luck = preparation meets opportunity. there is a reason guys like Robert Friedland are consistently successful. he is not "lucky" by standard definition. if anyone doesn't believe that, what are you doing here? $CDB
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@0Kib Do you know he used to sell drugs during college, was even convicted but those records were later expunged? From there to here....
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@fb -250,000 hectares of very prospective exploration land package -low cost open-pit mine -quality Cu deposit (no nasty material) -HPX fully funded to December
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@tumbleweed @0Kib who cares and what does that have to do with $CDB or his success in mining? last time I checked this wasn't the 'what mistakes have you made in your life' ethics community bulletin.
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@0Kib @tumbleweed I was quoting a piece of history, nothing more.
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@tumbleweed no place here @0Kib
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@0Kib It is good to know the people you are investing with. There are plenty of scams he has been involved with in 80s and 90s. And if you don't know those, you better brush up your history
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@Andrew @0Kib Then why may I ask are you here on the $CDB channel?
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@tumbleweed Jay-Z used to sell drugs. does anyone care?
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@0Kib Does it say anywhere it is forbidden to do your homework and due diligence? @Andrew or do you just like investing with eyes closed?
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@tcu children please ... focus on $CDB and its merits
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@tumbleweed scams like VB? Ivanhoe? OT?
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@0Kib Before those...
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@0Kib go and read up @tumbleweed
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@0Kib gems from the sea off the coast of africa...
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@tumbleweed RF was busted for selling LSD when he was 19. Funny his buddy Steve Jobs said “He turned me on to a different level of consciousness”. But hey, let's hold this against the guy and vilify him here 47 years later.
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@0Kib The same Steve Jobs got disillusioned with him and left RF's Apple orchard and then said this "Robert walks a very fine line between being a charismatic leader and a con man"
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@tumbleweed What I quoted was in the context of RF selling LSD. It's kind of funny, no? The guy wasn't selling Fentanyl. Give it a rest.
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@Paul This is the problem I have with this stock: everybody who is a big noise on the stage at investment shows seems to to think this is a great investment. But to me it looks and feels like a pump and dump. One day there is an interesting discussion to be had about the pitfalls of following opinion leaders of the investment world.
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@tumbleweed pump and dump? haha come on man @paul
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@anonymous @paul do you have any knowledge about the project?geology? management? mining methods? economics of a mining project? You either have a hidden agenda or clueless..
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anonymous P&d??? lol get a grip. How many shares have Blackrock Sprott and HPX dumped..
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wannabeinvestor RF is a promoter as RR says. Great salesman, but not a sleazy, brainless type, e.g. Devinder of Fission. He is smart, he's got balls and he is ambituous.
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@Paul Anonymous 1) no special knowledge or hidden agenda 2) probably clueless 3) posted using a name rather than hiding behind internet anonymity to be rude. Tell me, what do you - I mean you not somebody else - actually know that you haven't read or been told and are taking somebody's word for. If you are like most readers of these boards - including me - you invest in stocks that somebody else tells us to. I bought around 1.20 on experts' say so. Held to 1.50 and all the way down again. I have learned as much about it as the average reader of this board. To me, the price action looks like it was pumped and then it was dumped. That's just my opinion.
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@Paul @tumbleweed. Please do me a favour: have a look at this video and point out to me the differences between what has happened in this stock and a typical pump and dump described in the video. I can't see a difference but perhaps you can. https://www.youtube.com/watch?v=cDpPlrHgquM+ To be honest, it's the investor psychology on display in the video and on this bulletin board that interests me more than the stock itself.
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@tumbleweed @paul not sure what experts you're listening to, but the ones I follow who are into $CDB are not guys who get involved in pump and dumps. you bought at 1.20 and the stock is at .85 now....so what? you can go find a lot of videos and charts of the best companies around and many of them got cut in half at some time or other. do me a favour and #figureitout before bringing that type of BS to this channel.
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@Paul @tumbleweed. The experts you follow are not guys who get involved in pump and dumps. None of them sell a stock when the price gets ahead of itself. That must be reassuring to know. In that case, please can you explain the the price action: it went up in almost a straight line and drifted all the way back down again. But it wasn't pumped and it wasn't dumped.
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@Paul @tumbleweed. There's a good bit on the video about posters bickering on bulletin boards when the stock price collapses. Give it a try. It's only 6 minutes and you might learn something.
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@soulMiner @Paul I would humbly suggest if you need professional advice on many of the junior minor stocks listed on CEO.CA there are many excellent newsletters to subscribe to. Amongst many are @Goldfingers, Gwen Preston's Resource Maven, Eric Coffin's HRA advisory. Jordan Roy-Byrne's the Daily Gold, Jay Taylor's, Gold and Technology Stocks and Brien Lundins letter and others. I believe at least two of these newsletters have bought and are following $CDB.
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@tumbleweed @Paul nope. do your DD and find out what experts you should be following. if you invest in stocks that somebody else tells you to, then perhaps that's the most important thing you can do. i'm not gonna educate you man and I don't need to learn anything more about this company. if you wanna believe it's a pump and dump go ahead but keep it to yourself.
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@Paul @tumbleweed - but it's quite obvious that you own idea of DD is to find an expert to follow. That's not DD it's wanting to believe what somebody else tells you to and hoping for the best. Following the experts is the problem not the solution. When all the experts at the investor shows agreed on CDB the price action that followed was all but inevitable. That's the lesson I have taken from it.
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@tumbleweed ok @paul
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@tcu Absolutely not a pump and dump. The drill bit proves it, management itself prove it, and the resource proves it! Come on guys. If there was not outstanding drill holes, no metals in the group and nothing but hype on a site like this, then okay, pump and dump. This is a correction and a backfill of the prior breakout. Gap gets filled and hopefully we move higher. Visible gold and assays are the next focus. So stay focused!
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@soulMiner Looks like some solid bids coming in.
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@tcu Ya. So funny I was ridiculed yesterday for adding at 77 cents LOL
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anonymous Big bids Paul. Hold onto your 1.20s
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anonymous @Paul you better add before those vg assays get released.
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@Paul @tcu - I'm not saying it was anybody's calculated intention to pump and dump. Nor is it a comment on the quality of the company or the potential resource. Pump and dumps happen to good stocks and there's no reason to think this isn't one of them. It's a description of the price action: in this case after the stock got a lot of publicity and lots of investors rushed in too late and held too long. I haven't the faintest idea if it is going to come good in the end. If it does it won't be because a lot of retail investors believed in it but because the experts were right. But I think there are lessons to be learned about the psychology of investing. One lesson could be if you are going to follow opinion leaders then make sure to get in early or be prepared to wait a long time to get a second chance.
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@tcu The "price action" had everything to do with a massive rise in copper prices, a monstrous rally in the stock market, and exceptional drill holes. Come on man. Let's stop this pump nonesense. It went up on its own merits. Simple as that. Psychology or not. If you think it's a scam, sell your shares and move on
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@RunningWithTheBull This site needs a filter so we can stop reading BS from certain users. Let's all stop crying in our beer and posting shit on the site #feedback
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@cbr I don't think $CDB is a pump-n-dump scheme. There's obviously some heavy promo going on, but there's also obviously some value in the rocks. I think what's happening is that a lot of hedge funds rushed into the stock just because they saw blackrock in the list of owners. Because most of the hedgies operate on a 1-3 month timeline and have no f'in clue what exploration means, they freaked out and rushed to the doors. Simple as that. Just look at the volumes around Jan-Feb, exactly 3 months ago...
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@Highball Is this stockhouse
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@0Kib @Paul In many mining juniors you are bound to find some element of pump, given the thin volumes and tendency of the herd to follow a few famous opinions. This may be a weakness in the market or it may be a strength, just depends on you - if you can think for yourself and do your own homework - then you can wait to act at an appropriate time rather than take security in the middle of the herd.
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@wannabeinvestor I agree that there is a lot of P&D in this space. Some newsletter folks and research analysts have a lot of clout. Katusa's pumps are usually very effective. In his case I always wonder what the agenda is because he's also a money manager, i.e. he's conflicted.
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@earango "I know that I know nothing"... However, it is great to see that $CDB is sparking much comments and interest.
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@wannabeinvestor hope it can settle in the 0.90 range and build a base he ahead of the next drill news
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@earango http://incakolanews.blogspot.com.ee/ "Brainless idiots sell. Bottom feeders move in. Another week in the juniors"
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