Cluff Gold Share Discussion Threads

[simonbroughton] 19/9/2012 18:32

Traders ( MMs ) in Canada always try it on. It's not the real price.

[clive_h] 19/9/2012 17:28

Canada is showing up 42.9% - up 0.45 to 1.50.

There seems to be something odd about this as pre this rise the price would show as 1.05 (1.50 minus 0.45) which equates to £0.66 before rise and £0.95 post rise.

Neither of these price seem to be in line with the UK at £0.87...???

[hazl] 19/9/2012 17:13

we can always hope lol

[ronnie corbet] 19/9/2012 16:57

yeah thats wrong isnt it. forget i said anything.

[hazl] 19/9/2012 16:50

fitton 95p sounds ok to me for starters!

[ronnie corbet] 19/9/2012 16:49

bizarre trading in Canada. 1.44 - 1.50 up 42.9% but no real volume. But someone must have put a buy order in for 1.44 but how much i dont know.

[waldof] 19/9/2012 16:37

all looking nice and steady...........no major retrace.........should start to move up again.
Japan more QE will help.

[fitton] 19/9/2012 16:17

Nothing to get excited about,back to 95p.

[fitton] 19/9/2012 16:13

Up 89% to £1.22 equivalent

[fitton] 19/9/2012 16:11

97p on the TSX.A massive 9 trades so far.Usually no real correlation between UK and Canada but maybe they know something we don't?

[buffett100bln] 19/9/2012 12:00

Who thinks gold might have one last short sharp sell off to rattle the bulls? a lot of money has just been made speculatively in the markets off the back of QE, do things need to pull back...maybe FTSE 5775 before moving back up?>

I can see it happening. Then Gold will shoft through $1800 and on towards $2000 for xmas.

[selkirk69] 19/9/2012 11:50

Someone is testing the strength I guess with those very small sells.

[bushtuckaman] 19/9/2012 11:14

I've finally got the video presentation from the Denver gold forum.

A errm truely errm dreadful errm presentation style from John Mc'G. They should let Gardner do the presentations in future!

[amargosa] 19/9/2012 09:25

Q: When does a strategic alliance become a strategic partnership?

[inside building] 19/9/2012 01:16

Boadicea many thanks for your greater knowledge of the trading detail.
I have never really tried to get to know all the ins/outs of the codes etc.

My knowledge has always been trying to research the companies not the markets!!

All the best

IB

[mechanical trader] 18/9/2012 14:50

Gold starting to rise again.

Should help demand here.

[boadicea] 18/9/2012 12:23

IB - This is a SETS/MM stock and any AT trade is both a buy and a sell, i.e. merely a trade. This is why any AT trade is shown as the "Current price" on advfn and elsewhere. A buy order placed on the book (by anyone with dma, not just a stock-trader/mm) executes as a sell and vice versa, hence a stock can rise although a majority of 'sells' are indicated. If the dma trader is a long term holder, the 'sold' shares have been long-term bought.

Also, in a rising market, a dma trader may put a buy order on the book and when it executes (showing as a sell) he can then re-offer it to sell at a higher price which will execute as a 'buy'.

There is no manipulation required, which is not to say it cannot occur. However, manipulation is by definition short-term unprofitable and has to be part of a long term plan. Of course, in this context, the short term may be hours or minutes and the long term anything longer than that!

[amargosa] 18/9/2012 12:06

Looks like the deal is finally getting noticed:

[altom] 18/9/2012 10:08

imho the deal with Samsung is quite brilliant as it takes care of the problem that troubles so many small commodity companies ; how to handle the CAPEX needed to turn their valuable assets in the ground into CASH without massive dilution of existing shareholders. No predictions, but it will not suprise me if this share is a 5-bagger in 3 years time. I am buying more.

[liquidkid] 18/9/2012 08:52

Mention in the TheGoldReport
Brock Salier Unlocks the Secrets of Gold Miner Valuations

BS: Cluff Gold Plc is a good example of a small producer that could see some attention. It has a small producing asset in Burkina Faso and a substantial, undeveloped project in Sierra Leone. Cluff's producing mine offers immediate, added production and cash flow to a bidder. Its undeveloped project, which is receiving little valuation in the equity market right now, offers upside.


Could be BS though

[inside building] 17/9/2012 21:34

One other observation is that Sells were double Buys today. Yet the price not only held up but once it hit 89-90p it stayed there and yet this is when the sells came through and 500,000 sells later and the price was still the same.
So this has to suggest there is manipulation by the MM's. Are they trying to find the price where PI's are selling up? Do they have a buy order in the background they need to fill?

Whatever is going on i am not complaining. I just hope that we are at lasy seeing some reward for the long term investors in Cluff.

IB

[inside building] 17/9/2012 20:28

The placing on 14th March was at 92p then the shares fell off a cliff for ZERO reason apart from market sentiment and concerns about future financing for Cluff. So in the last few weeks the changes are:

Market Sentiment
Gold Price
QE3 actually happening
Cluff raising money via Global multi billion company (Samsung) and a MOU
An announcement about not reducing existing and future shareholder value with another placing

We have not seen consecutive million plus share trading days for Cluff in recent times and we are now getting them regularly. I would imagine that Cluff are now very firmly in the eyes of those in the city and with shares no longer being offered by placings the only way to get a piece of the future action is to buy them on the open market.

I will not be counting my chickens but this is now starting to look VERY STRONG.

Good Luck to all PI's and be brave.

IB

[mechanical trader] 17/9/2012 16:41

Fair value 120p plus I reckon.