Core Exploration Limited - CXO (round 2)

Highest grade Spodumene intersections ever drilled in the Northern Territory
This is a very good stock
Im up nearlly 300 percent in 10 days.
Time to sell a few and buy some Bars of Silver
 
Don't unload too much just yet, still a loong way to go yet.
1 km off a sealed road with power lines passing and only an hour to Port, this is a dream stock.
 
Sold out the Heads in CXO. Got back my initial investment plus 2 kilos of silver and just bought 76000 shares in LRT with the change. Done this all in 10 days. Keep an eye on LTR , bought at .037 cents per share and they own land adjoining CXO.
Will be glad to get back to work tomorrow where i have no access to my Share trading account :D
 
Nice work aussie, :)
LTR will get some nice nearology rise, but CXO has the largest footprint over the best ground in the area and is yet to drill the best part of that at Zola, this will climb like KDR and PLS once they get drills turning on that deposit.
 
Does anyone know if us mere mortals are going to be able to purchase extra shares in the CR @ 9c ...... if we are when is the cut off date and is anyone else interested
 
olifrated said:
Does anyone know if us mere mortals are going to be able to purchase extra shares in the CR @ 9c ...... if we are when is the cut off date and is anyone else interested
Click to expand...


"Core Exploration Limited (Core or the Company) (ASX:CXO and CXOOA) is pleased to announce that it
has received firm commitments to place approximately 67 million new shares at an issue price of
A$0.09 per share to raise approximately $6 million, excluding costs (Placement).
The Placement was heavily oversubscribed, with strong support received from professional and
Australian and international institutional investors, reflecting the significant new interest in Core
following its recent high grade lithium discoveries at the Finniss Project near the port of Darwin in the
Northern Territory. Hartleys Limited is Lead Broker to the Placement"


In order to ensure retail shareholders are able to participate, the Company is pleased to announce a
Share Purchase Plan to raise $2.5 million will be offered to all eligible shareholders at the same issue
price as the Placement (SPP).
The SPP is only available to Australian and New Zealand shareholders who were registered as Core
shareholders at 7:00pm (AEST) on 5 October 2016 (Eligible Shareholders).
If total demand for the SPP exceeds $2.5 million, the Company reserves the right to close the SPP early
and scale back applications or elect to increase the amount raised in its absolute and sole discretion.
When determining the amount (if any) by which to scale back an application, the Company may take
into account a number of factors, including the size of an applicant's shareholding, the extent to which
eligible shareholders have sold or bought additional shares after the Record Date and the date an
application was made.
Full details of the SPP Offer will be contained in a booklet which is anticipated to be dispatched to
Eligible Shareholders on 12 October 2016.
 
olifrated said:
Sweet !! Is anyone taking up the offer ??
Click to expand...

Everyone will be taking up the offer if its coming their way due to a 35% discount to the close price on Friday

This stock will be double the price come the end of October

LTR is another stock smack bang in the middle of CXO tenements. Watch this one also,a bargain at 4 cents. :D :D :D
 
Just bought a parcel of CXO today 0.13. This has been on my watch list - Intended to buy on Friday but I got sidetracked at work. Hope it does well.
Go Lithium.
 
miniroo said:
very nice day but i'd get out with a sell order of 6.2 and have a good weekend
Click to expand...


Atomic79 said:
Just bought a parcel of CXO today 0.13. This has been on my watch list - Intended to buy on Friday but I got sidetracked at work. Hope it does well.
Go Lithium.
Click to expand...


:)
 
LTR is another stock smack bang in the middle of CXO tenements. Watch this one also,a bargain at 4 cents. big_smile big_smile big_smile. And currently drilling also. cxo has assays pending,which will probably have an impact in the immediate term,then there own drill results,so there is plenty to drive the sp , if results are positive!! Definitely worth some research. As for cxo, the market has taken the cr as a positive and management wasted no time in getting the drill spinning. Interesting times ahead with results and drilling program and also the announcement of the Zola prospect with I think will generate s lot of interest and excitement. Gltah.
 
hotchef72 said:
LTR is another stock smack bang in the middle of CXO tenements. Watch this one also,a bargain at 4 cents. big_smile big_smile big_smile. And currently drilling also. cxo has assays pending,which will probably have an impact in the immediate term,then there own drill results,so there is plenty to drive the sp , if results are positive!! Definitely worth some research. As for cxo, the market has taken the cr as a positive and management wasted no time in getting the drill spinning. Interesting times ahead with results and drilling program and also the announcement of the Zola prospect with I think will generate s lot of interest and excitement. Gltah.
Click to expand...

Quite agree, BUT I would watch for results, if they are thin then be ready for a repeat of PLS and DKO type scenario.
CXO got in early and grabbed the best ground at Bynoe and LTR is yet to prove up.

Not saying they wont, and they will probably rise on nearology alone, but just be aware of the need for tonnage to prove a resource.
 
hotchef72 said:
Bit of a shakeout today ,interesting to see tommorows action,news shouldn't be to far away.
Click to expand...

Half expected it to retreat to the nines last week to be honest.

Goin alroight hopefully.
 
Atomic79 said:
scrooged said:
miniroo said:
very nice day but i'd get out with a sell order of 6.2 and have a good weekend
Click to expand...


Atomic79 said:
Just bought a parcel of CXO today 0.13. This has been on my watch list - Intended to buy on Friday but I got sidetracked at work. Hope it does well.
Go Lithium.
Click to expand...


:)
Click to expand...


Well I hope you held on!
Click to expand...

Got my coin back, took out a bit for the Xmas big bird and set a little aside for the bean counters.

Onwards and upwards .....

Good luck.
 
This will be huge *IMO* , another Greenbushes in the making. The geo's are world class and if you look into the latest Ann deeply you will see that they already have high hopes for just the Finnis find alone. Zola is yet to come, but when it does...... look out!
 
Nice little 22.5% pop for CXO today. BGS up 9.8% too. And KDR up 11.3% after yesterdays 19% drop. A good day for lithium plays after a tough week or so.
 
I've been pretty calm on this bucking bull. But the hotcopper forums are an absolute shambles - if you are comfortable holding CXO through the next few ANN's then stay away from that forum!!
 
You must log in or register to reply here.
Back
Top