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WSI - Weststar Industrial

Discussion in 'Stocks Q-Z' started by moses, Oct 11, 2006.

  1. moses

    moses

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    Any thoughts on this spec stock?

    Directors have been buying and its up more than 10% today, and 150% since Sept.
     
  2. moses

    moses

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    Re: CRJ - Copper Range Ltd

    And up more than 10% today again, now hovering around 53c.
     
  3. johnmwu3

    johnmwu3

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    Re: CRJ - Copper Range Ltd

    The Drilling results may come out soon.
    Another MOX !
     
  4. booga82

    booga82

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    Re: CRJ - Copper Range Ltd

    Initial results are expected in Mid october, probably next week given the current interest.

    Company stated "visible copper mineralisation is evident in many of the holes, both as oxide and sulphide"

    Has a market cap of $9 million (@53 cps) so opportunity for massive gains.

    I took a loan out and bought in at 43 cents.

    Fingers crossed.
     
  5. johnmwu3

    johnmwu3

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    Re: CRJ - Copper Range Ltd

    How did you get the mkt cap ?
    CRJ :40 mill fpos tradable, 36 mill oppites tradable
    CRJ @ 40 mill fps @ 53cents = 21.2 mill
    + 36 mill oppies @ 27.5 cents =9.9 mill
    = 31.1 mill MC
    Any opp. ?
     
  6. booga82

    booga82

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    Re: CRJ - Copper Range

    Sorry thats $9m (undiluted), $19m (diluted).
    My trading account shows only 18m FPS. Any ideas why?
    It probably is $21m (undiluted) like you said.

    any opinions on where this one is heading?

    cheers.
     
  7. johnmwu3

    johnmwu3

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    Re: CRJ - Copper Range

    You may ckeck the top 20 shareholders then calculate.
    For Exl:
    International base metal Ltd hold 3,975,000 ---10.063%
    Then can calculate the whole issue.
    Also CIJO-- options as that way.

    hearing teck cominco have been building a stake in crj it all started at 34c last week.... thjey crossed some stock around 250T @ 55.5c, and are constantly on the bid for lines of 100k and 200k, the minute it looks week it gets bid back up...
    hearing teck cominco have been building a stake in crj it all started at 34c last week.... thjey crossed some stock around 250T @ 55.5c, and are constantly on the bid for lines of 100k and 200k, the minute it looks week it gets bid back up...

    Cheers,
    John3
     
  8. donjohnson

    donjohnson

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    Re: CRJ - Copper Range

    I agree that this stock has potential.

    The drilling results due on October are from their Hawker project. The more important, and probably more substantial results will come from the Stuart Shelf drilling.

    Drilling is expected to begin at Stuart Shelf within the next 2-3 months.

    I'm not sure if i'll jump on this one yet, might wait and see what the Hawker results show. I suspect there may be a dip in share price between these results and the Stuart Shelf ones.

    But who knows, its just my opinion.
     
  9. johnmwu3

    johnmwu3

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    Re: CRJ - Copper Range

    Drilling results to come by next week with clear mineralisation in the photos.

    Results to come in november regarding tenaments near olympic dam.
     
  10. pharaoh

    pharaoh

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    Re: CRJ - Copper Range

    I bought in yesterday at the close, at 50.5c
    Happy with that

    Now, feel free to tell me I will be a rich guy in a few months ;)
     
  11. canny

    canny

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    Re: CRJ - Copper Range

    I have a warm and fuzzy feeling about the upcoming results (November - probably not the first results)
    Buying interest has been great.
    CRJO showing a substantial discount and appears to be a good buy in point. Could even convert before the 2nd results for even bigger gain.
    Just a possibility.
    Should be interesting to see if the buying continues this week.
     
  12. canny

    canny

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    Re: CRJ - Copper Range

    After speaking to the MD this week, I've found that one of CRJ's Stuart Shelf tenements (November results expected) actually adjoins the MOX boundary to the Norht West - which is the actual discovery that MOX has currently been rising on.
    More than likely that the anomily will continue along the same line.
    The results of the CRJ HAwker project are held up in the Brisbane lab - but are starting to trickle in.
    However, it's the Stuart Shelf results I am most eager to see. :D
     
  13. pharaoh

    pharaoh

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    Re: CRJ - Copper Range

    Good luck canny
    I sold out for a loss and put it in gdn

    But, pls let us know when the ann is coming up, i'm sure a lot of us will prob jump onboard and help the sp rise if the results are good
     

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  14. canny

    canny

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    Re: CRJ - Copper Range

    I sold a couple of others to be in GDN!! Made a few grand today and bought more for the overnight hold. Fingers well crossed on that!!
    CRJ - could ann any time, and I certainly won't know when it's coming - they've only said November - so watch for SP interest and gauge it from that is my suggestion.
    Cheers
     
  15. canny

    canny

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    Re: CRJ - Copper Range

    Update will be announced by company this week.
    Volume increased today, presumably in anticipation of some good news.
    MOX tenements are to the East of CRJ's.
    Drill cores had visible copper, so I'm looking forward to some results.
    Hold ups in lab testing have been frustrating. Hopefully all the Hawker results are in and we'll also get a Stuart Shelf update.
    Keep an eye on it.
     
  16. simonb

    simonb

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    Re: CRJ - Copper Range

    Rumors that drilling will commence very shortly... I picked up options today at 16c looking for a spike when drilling comences at the Stuart hill tenements. Would be surprised if the drilling results didnt live up to the high expectations.
     
  17. canny

    canny

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    Re: CRJ - Copper Range

    Had some hellish delays from when I was bullish about it in November.

    Stuck with it on the watch list, and the quarterly advises drilling to commence mid February, so at last we should see the interest return.

    Very hot today - and likely to keep rising now we know they have the drill rig organised.

    Any hint of MOX type results and it could start nudging the dollar.
    The CRJO oppies are trading at a massive discount as they are only a 20c conversion. For my money (fwiw!) they are the best entry in. :D
     
  18. simonb

    simonb

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    Re: CRJ - Copper Range

    Sold options on tuesday at 12c.....today up to 18c.....kicking myself. Somebody must know something I dont. Huge jump on no news after such a slack performance to date....:banghead:
     
  19. swagman

    swagman

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    Re: CRJ - Copper Range

    Hi all,

    Firstly I am very new here and to the stock market I only have a very small amount invested in BHP.

    I joined this forum as I did a search on CRJ and found this thread after being advised to buy this stock

    Looking for a few answers on CRJ as I have been advised that this stock will fly.
    My question is looking at the current price 0.395 is this not a high price for an exploration company with a few staff?

    Looking at the news release I see that they have started drilling, any idea how long it takes to get the results out to the market from such drilling?

    I would appreciate any comments or thoughts on the above.

    Great forum I have been glued to it trying to take it all in.

    Thanks
    Swagman
     
  20. ellehcim

    ellehcim

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    Re: CRJ - Copper Range

    Ann out yeserday:

    Copper Range Limited (CRJ) wishes to advise that it has recently received expressions of interest from several parties in relation to the Company’s 100% owned Olympic Domain Tenements located to the north, south, east and west of BHP Billiton’s Olympic Dam and just to the east of the Carrapateena deposit.

    In addition it has received a firm proposal from a prospective cornerstone investor which is yet to be addressed by Directors.

    All approaches received to date are conditional and incomplete and there is no guarantee that any approach will result in a cornerstone investment or a joint venture.

    The Company expects to be in a position to make further announcements in the near future.


    Interesting development. Any ideas as to who might be involved?
     

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