Cobra Resources Share Discussion Threads

[novicetrade68] 08/2/2021 15:50

Interesting article, so a few things coming up...

'Cobra has identified a total of 22 orogenic targets at Wudinna, as well as a copper-gold target and four iron oxide-copper-gold targets.'

'Cobra will work on an updated geological interpretation of the resources, the potential to define a resource at Clarke and plan the next exploration campaign.'

Cobra also holds the Prince Alfred copper project, a historical mine 100km northeast of Port Augusta.

"There's not necessarily scale, but it could be a small, high-grade mine," Moulton said.

While some work will be done on Prince Alfred, the focus will be Wudinna.

[wrtmf] 08/2/2021 14:28

trades at 2.888 v 3.088
[2.7 v 3.1]

[wrtmf] 08/2/2021 13:24

buys at 3p now, they'll have to move on the bid eventually

[wrtmf] 08/2/2021 13:04

yep saw that one max. wide spread is also a great way to kill the volume.
hope you're right about the news...

[maxcat1] 08/2/2021 12:54

Spread widened as news incoming, 1000 trade at 2.977p...

[wrtmf] 08/2/2021 12:14

from 2.7 v 2.9, instead of going to 2.8 v 2.9, they go to 2.7 v 3.0
ridiculous

[wrtmf] 08/2/2021 12:01

5feb - UK-listed Cobra advancing SA projects: LONDON-listed Cobra Resources is aiming to build momentum at its Wudinna gold project in South Australia.

'Cobra has about £1.2 million cash.'

[wrtmf] 05/2/2021 11:22

500k at 2.9p taken

[wrtmf] 03/2/2021 10:32

2.728 v 2.87, waiting for news...

[wrtmf] 01/2/2021 11:27

2x 320k buys this morning at/close to 3.1

[wrtmf] 01/2/2021 10:34

looks quite tight at the moment 2.89 v 2.99 [atleast for the smaller trades], as opposed 2.8 v 3.1 advertised

come on rig mobilisation, if its parked up in wudinna, get the drillers back!

[wrtmf] 31/1/2021 09:02

do we have a distorted-somewhat 'cup and handle' on the chart?
3.75 to 1.725 to 3.75 to 2.7, best seen via 6month candlestick chart
3.5 to 1.75 to 3.35 to 2.8, best seen via 6month line chart

gives a target of around 5.25 to 5.75?

driven by:
drill schedule publication, 3900m to be drilled
re-commencing drilling/rig[s] on the move - clarke, laker, larwood, iocg, field work, mag survey
results analysis update [study of cores, etc]?
andromeda jv
update mineral resource [baggy green, barns, white tank]

[wrtmf] 29/1/2021 11:49

its about time for the next leg up, so if folks could refrain from selling we'll get there faster!
;)

[wrtmf] 29/1/2021 09:25

nearly 4000m available to drill out of an agreement covering 10000m
COME ON! GET THE BIT TURNING...

clarke 3 holes rc
laker 2 holes rc
larwood 150 x1m auger
iocg minimum 3 holes rc +/- 100s auger

...still leaves 1000s m left over....what u waiting for?!

[wrtmf] 28/1/2021 11:09

ha ha, just 1 trade out of 46 allowed in the buy column!

...on a more serious note it looks like they allowed dec/jan to pass without any field work. they got money, so a geo and technician could have been out at clarke and iocg sites soil sampling n auger, no? clarke results were with the company before 3rd dec.

[wrtmf] 26/1/2021 15:27

more buying than selling today and someone just paid 3p whilst offer at 2.9

[wrtmf] 25/1/2021 17:59

2.1m trade at 2.8p reported after hours
waiting for time and date

nearly made it back to a level finish, a small positive finished red on the mid, but the bid is unchanged from fri.

[wrtmf] 25/1/2021 11:57

hopefully in the very near term andromeda are going to give 'blessing' to cobra to go for 75% wudinna. andromeda's main interest is in halloysite, a mineral when heated up goes from flat to tubular and thereby potentially has significant industrial applicns:

'Natural Nanotech
The Natural Nanotech (NNT) research and commercialisation joint venture (50:50 Andromeda and Minotaur) set up to investigate new technology applications for halloysite-kaolinite nanoparticles has doubled funding into the research programs at the University of Newcastle’s Global Innovative Center for Advanced Nanomaterials (GICAN). The program will now incorporate eighteen research areas including batteries, supercapacitors and semiconductor technologies, peroxidase and antimicrobial agents in water treatment, and for selective gaseous (CO2, H2) capture-storage-transport-conversion. Construction of a pilot plant to manufacture a halloysite composite for CO2 capture is underway. The patent applications process is ongoing for these unique nanotechnologies involved in producing carbon nanomaterials from halloysite-kaolin precursors and the subsequent processing routes for their specific environmental uses.'

asx announcement overnight


[andromeda mcap Aus$592m]

[wrtmf] 25/1/2021 10:32

trades page says a million more buys than sells, but won't be able to take a proper look until after close. took a look at thurs trades at weekend and i couldn't see the reason for the rapid drop towards end of that day.

[wrtmf] 24/1/2021 16:33

cm on stockbox media


the pathfinder mineral modelling absolutely hit the mark at clarke deposit
aiming for maiden mineral resource at clarke after next drilling

[wrtmf] 24/1/2021 10:41

let's just get a close over 3.5p in the coming week, that would be a very small consolation [when really we should be hitting 5!]

[wrtmf] 22/1/2021 19:19

2 big trades from yest:
21-Jan-21 16:57:07 3.60p 1,518,000 £54.65k - at close, the bid was well below 3.6
21-Jan-21 11:16:27 3.70p 1,108,108 £41.00k - at 11:16, the bid was 3.4

[novicetrade68] 22/1/2021 14:29

thought the same, I guess we have to wait for a break-out a little longer.

[wrtmf] 22/1/2021 14:15

should be past 4p, but hey ho!