Circle Property Share Discussion Threads

[nikesh2] 26/3/2006 15:45

WILL WE HAVE A CHART BREAKOUT THIS WEEK???????HMMMMMMM

[addas99] 24/3/2006 18:51

wassapper...Well done, I left it too near the bell. But NOP made my day.
CRC and AEL, thanks to your advice, KMR and a punt on EME make for exciting trading of late. All I have to do now is bite the bullet and reduce AFE, for all the reasons we both know, albeit belatedly and with regret.

[wassapper] 24/3/2006 18:05

Addas I got 10k at just over 75p which was strange but nice.

Forrest can bring contacts and even more mines. They also have logistics in DRC which I guess is pretty important!

[wassapper] 24/3/2006 18:03

Bought a few more for the SIPP. Nice hold for two years I hope.

[addas99] 24/3/2006 16:50

Prices very tight today with no downturn on the bid. Tried to top up with 5K @ 77 late in the day but with no luck. Sense we're moving back to the eighties, beyond and to fresh heights helped by news and growing awareness to value.

[bigbobjoylove] 24/3/2006 12:59

they don't want to move em up today.

[nikesh2] 24/3/2006 11:47

1 thing i dont get is that so many shares have changed hands today and hardly and price movement?

[bigbobjoylove] 24/3/2006 07:45

look at a stock called ZOX very similar to how this should behave except they're in zinc.Use to hold but got bored so maybe hold these long term as i missed the big move on zox as they neared production

[wassapper] 23/3/2006 21:28

A very nice move today. I am back in at same level as before and will be adding from mid-April.

[pinhead3] 23/3/2006 19:57

Forrest are the key to the smooth runing of the Haib project, by the end of the lock in period they should be delighted with their investment in CRC.

[addas99] 23/3/2006 19:53

Thanks pinhead, allowances made!
And what can the Forrest Group bring additionally to the party apart from icing on the cake? :-)

[pinhead3] 23/3/2006 19:46

I'm an Accountant, it's inbred!

The growth in the longer term depends on when they start developing/mining Misoshi & Lubembe. Obviously with successful projects up & running at Kinsenda, Hinoba-an & Haib the share price would be a lot higher especially with major institutions on board.

The price was around 87p-90p when I put the header together so a 5X increase would be around 4.35-4.50, £5 could easily be achieved if things go to plan by the end of 2008 IMO.

Glad I topped up at 66p, now have around 12K shares.

[addas99] 23/3/2006 19:22

pinhead, going by their news release 14/11 they talk of the METS report being completed for HAIB 'within 6 months' so April with a good following wind, May, you're right, if they complete to plan.

Edit: great header by the way but one question. Judging from the date the share price must have been around the 80 mark and falling. You state that if Hinoba's bankable schedule is met then you could see £3 by the end of this year (x4) but then go on to say you could see a five fold increase by the end of 2008.
Two years with as little as 25% growth? Surely a little conservative!

[pinhead3] 23/3/2006 19:05

Addas
I thought the SETS report was due 6 months from 14/11/05 which would make it the middle of May not April.

[Abuse team] 23/3/2006 19:00

Post removed by ADVFN

[addas99] 23/3/2006 18:57

nikesh2, I answered your same question, unacknowledged, a few days back on the other thread.

nikesh2 - 16 Mar'06 - 18:17 - 509 of 519
are we expecting an update soon?

addas99 - 16 Mar'06 - 18:52 - 511 of 519 edit
nikesh, next week or the week after CRC will have achieved the half way stage in their infil drilling program at Hinoba, in all a total of 62 holes due to be completed end of May.
We should receive their update at this halfway stage together with a possibly revised resource grade report. This should be followed in April by news of METS finished metallurgical process review at Haib. Meanwhile news from Kinsenda of de-watering progress could occur at anytime and spark fresh interest.
Undervalued and overlooked, but only for now!

CRC's website is pretty much up to date with details of whats expected.

[nikesh2] 23/3/2006 18:12

addas99, has the company given a rough date for hinoba update?

[addas99] 23/3/2006 16:01

The late reported 75K buy looks like the inspiration behind todays surge.
Glad I got in early with a top up at 69, looks a bargain now!
So few shares in general circulation, a decent size buy triggers a sizeable jump, think what good news will do.

Edit: within days of a further update from Hinoba

[bigbobjoylove] 23/3/2006 14:08

back to virtually the price you could buy at the day they announced the big news.

[mad4it] 23/3/2006 12:03

Hi nikesh, yes, it looks like I called the bottom with my buy at 65.5p.

RE TA: For a general overview of most aspects of TA I'd recommend "Technical Analysis of the Financial Markets" by John J Murphy. This is considered by most pro traders as the definitive reference work on TA. It's a good starting point.
I'd also recommend doing a few Google searches which should throw up some interesting articles you can read for free.

...but, in truth, observational experience is just as important (once you know the basics). The more you study TA and use practical applications in your investing/trading the more obvious the intricacies of TA become.

One tip to start you off is that, imo, the RSI tends to be the most accurate technical indicator in predicting likely price movements as a measure of overbought and oversold prices. However, there will be variations from share to share and this is where comparative analysis and observation of different charts is necessary to build up a picture of the most likely price movements as indicated by RSI movements.
I tend to use the RSI as my primary indicator and I've spent a lot of observational time assesing it's intricacies, but obviously I compare the RSI to many other technical indicators to build up a broader picture and use my experience to interpret the data.

[nikesh2] 23/3/2006 11:47

mad4it
how did you learn this stuff about charts
knowing the direction of the stock is the hardest but easy when you can do you research, but selling high and buying low again makes you the smartest player in the game!!!!!!!!
would love it if you could give me a few tips thanks nikesh

[mad4it] 23/3/2006 11:36

Looking good for further rises, the RSI has just triggered a technical buy signal. Theoretically, there's only minor resistance between here and the recent high of 90p:

[bigbobjoylove] 23/3/2006 11:18

20000 now.

[unionhall] 23/3/2006 10:53

L2 5 v 5 all blue.


Strange unanimity ? Is this sort of level 2 indicative of anything ?

I'm a novice on L2.

Cheers