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Nah,

I recommend you keep them under your mattress for a rainy day mate, unless you're a majority shareholder in the company! I'm a firm believer in this stock as well, not to sound like a broken record or anything, but it doesn't take a genius to work out that the shallow, high-grade Chapi deposit would be amenable to a low cost, open-cut, heap-leach treatment operation.

There is also enough tech analysis on this thread for me to be satisfied that this project would definitely fly. IMO, to state the obvious, sp triggers would have to be a revised resource estimate following completion of the drilling programm and/or any verifiable connection to Mega.
 
Nice rise on the highest volume since the July correction. Having another go at breaking 60c? Any news down the line?
 
juw177 said:
Nice rise on the highest volume since the July correction. Having another go at breaking 60c? Any news down the line?
Click to expand...

There will be news coming out of Peru at some point in the next 6-8 weeks, but I thought that it is still too soon unless they determine to start making progress reports, but this seem to not make much sense to me.
 
Hmmm... looks like the quick profit takers have moved in... Nice little ramping report... CTS are trying their best to push the SP up... I think the $1.00 value is conservative too... we will see how things go... I don't hold CTS anymore...
 
Their annual report was posted after trading on Friday.

Has anybody had a chance to read over it. Is there anything positive or new in there which is of interest?
 
Another great wall at 60c.
CTS find a big pressure of selling at 60c. What do you think? Kennas. Is it wise to wait until CTS breaks 60c?
 

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ta2693 said:
Another great wall at 60c.
CTS find a big pressure of selling at 60c. What do you think? Kennas. Is it wise to wait until CTS breaks 60c?
Click to expand...
ta, always depends on your own trading/investment plan of course. Most may say it's the exit that's actually more important in managing a position. Looking at this, seems 50 is a pretty solid floor, so there may not be much downside if you get in anywhere between there and 60 waiting for the break...Looks like some higher lows happening confirmed with the MACD saying momentum's up, so perhaps it is set to break through. Also, are you looking at this in the bigger picture on the fundamentals, or just a chart trade? I generally use the chart to confirm a fundamental picture, so while this is still tracking sideways (been 12 months now) I'd personally wait. But, if you have a longer term view and the funnies are there, why wait?

So, sorry to be too politically correct, but depends on your overall situation and plan, risk tollerance, and belief in the funnymentals.

Am I on the fence enough there?

(PS, Then there's the YT factor to consider too. LOL )
 

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This may sound like a newbie question, but what are loyalty options?

CVI are going to offer loyalty options at $0.15. This means we get cheap shares - right?

" It is intended that the options will be exercisable by option holders at any time prior to 30 November 2009, at an exercise price of 15 cents."

So, we can sell at any time prior to the above date .... sounds like a good way to dilute other shareholdings .....
 
roland said:
This may sound like a newbie question, but what are loyalty options?
Click to expand...
Is CTS offering loyalty options? Perhaps the CVI thread? or a new thread so I can find out instead of just thinking I know. I assume they are options paid to existing share holders. I'm guessing you can only sell them if there exchange traded options. So the oppies are free, but when you convert the you pay the conversion price.

YT I am interested why CTS holds so much potential after the U bubble has bust?
During the hype the market seemed to overlook CTS, sure the SP doubled, to a degree, however this seems insignificant to the co's that held tenements in Australia... SMM, MTN even CUY which did maybe 400%+.
Peru and Kyrgyzstan seem risky to an extent, with Peru having logistical problems, and the later having potential 'Putin' issues. (Just don't trust that dude)

That said, CTS has held up well and not lost the same $$$ as the above co's mentioned, including PDN which saw 45% lost approx. CTS just settled into a 50 cent to 65 cent trading range.

I need to grasp an understanding.

Agree 50 cents seems like a concrete floor. I got burned with U, lost too much profit. So I see U as a bunker buster!!!

So for the moment yellow cake is not for me... still healing.
 
I would be interested if someone could give me their opinion regarding the current chart on this one, especially the corealtion between increased volume leading to sp increases and the possible future direction(s) from here.

Are we looking at a continuing sideways movement?

 
Strong volume on CTS with a rise of 14.5%. CTSO was even better with a rise of 18.5% and volume of almost 2.9 million. The strongest volume we have seen on the options since April.
Still no news out yet about how the drilling is going. Could be the old buy the rumour going on here at the moment.
Although it has done this in the past 8 months only to fall back in the following days.
So I think unless we hear some news from the company in the next few days, we will get a retractment and some more side ways movement. Than again we are getting further down the track in regards to the drilling program so hopefully bodes well for the company.

Disclaimer: I hold options.
 

I hope not, but i think you might be right, seen cts get up these levels a few times only to drop down to low 50's - hopefully as we get further along with the drilling program any retracements will be not as severe (fingers crossed )
 
sharechaser said:
I hope not, but i think you might be right, seen cts get up these levels a few times only to drop down to low 50's - hopefully as we get further along with the drilling program any retracements will be not as severe (fingers crossed )
Click to expand...

I KNOW WHAT YOU MEAN... IMO IF IT DOES RETRACE AGAIN THEN I'D SAY IT WOULD HIT 55 CENTS AT MOST... ITS LOOKING GOOD AT THE MOMENT IMO (CHARTING WISE)
 
We are seeing highest ever volume in one day so this leg up to 60c may just be a little different. The next days will see.
 
Yep, another good day for cts today with strong volume again.
Yesterday saw some profit taking and a retraction, but with todays stong buying again hopefully we are seeing most of the weaker hands being brought out. With all this volume there must be some information leaking out....
 

Why do you say that? It is quite obvious from the volume and price range that today was the profit taking day and there were not enough buyers to keep it above 60c at close.

If tomorrow closes above 60c then I take that back.
 
Well just looking at the ctso chart (which is what I follow as I don't own the actual shares), we have been getting higher highs and lower lows on a massive increase of volume. Drilling started back in August and I think we will see some updates being released shortly. How shortly, I don't know, maybe someone who lives in Australia could give the company a ring and ask them if they have any updates due out soon.
 
I'm still waiting for CTS to reach its "true" value, which I have already espoused,

Its taken alot longer than I thought but I am confident that the fundamentals will eventually shine through here guys
 
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