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Thursday, July 29, 2010
House Position
Increasing volume and share price along with some new buyers makes me hopeful that we have turned a corner. If we deliver good operational results next week for July, we should see a nice performance in our share price. Here is the house positions for today: Make note of Hampton as our biggest buyer followed by Anonymous. House position in the comment section, would not copy here.
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17 comments:
94 Hampton 185,500 98,090 0.53 0 185,500 -98,090
1 Anonymous 175,000 91,375 0.52 0 175,000 -91,375
85 Scotia 183,662 95,474 0.52 46,100 24,268 0.53 137,562 -71,206
89 Raymond James 50,000 26,000 0.52 0 50,000 -26,000
99 Jitney 134,000 69,365 0.52 89,000 46,415 0.52 45,000 -22,950
64 Octagon 25,000 13,000 0.52 0 25,000 -13,000
81 HSBC 20,000 10,400 0.52 0 20,000 -10,400
80 National Bank 19,500 10,180 0.52 0 19,500 -10,180
101 Newedge 2,000 1,000 0.50 0 2,000 -1,000
19 Desjardins 500 260 0.52 0 500 -260
57 Interactive 250 125 0.50 0 250 -125
124 Questrade 7,500 3,905 0.52 7,500 3,975 0.53 70
6 Union 775 407 0.53 2,347 1,216 0.52 -1,572 809
83 Mackie 0 13,000 6,760 0.52 -13,000 6,760
43 Caldwell 0 20,000 10,400 0.52 -20,000 10,400
22 Fidelity 8,500 4,350 0.51 46,500 23,717 0.51 -38,000 19,367
79 CIBC 24,935 12,716 0.51 79,875 41,578 0.52 -54,940 28,862
33 Canaccord 112,000 58,040 0.52 200,500 105,760 0.53 -88,500 47,720
7 TD Sec 223,700 115,653 0.52 321,300 166,906 0.52 -97,600 51,253
2 RBC 199,300 102,130 0.51 304,500 156,580 0.51 -105,200 54,450
9 BMO Nesbitt 26,500 13,765 0.52 268,000 138,660 0.52 -241,500 124,895
Total 1,398,622 726,235 0.52 1,398,622 726,235 0.52 0 0
Many new house and retail traders today, and one of our best volume days (stating the obvious...). I find, upon reflection, that I agree with P05's assessment of Adrian's promotion. Things must be going well at Lamaque.
In the CMM weekly chart by Stockchart, it is apparent that the 50dma, rising from below, is now touching the 200dma, potentially crossing it to form what technicians call the very bullish gloden cross.
Success to all
Viva Sakata!
I have been following this blog a couple of years now, don't make too many posts,i would like to thank PK for getting us here, And to all the new guys, great positive posts. I hope this company makes it , it kinda reminds me of the "Bad news bears" cheers to all!
For some reason my name didnt show up on that last post... MOICH
Hi Moich,
Thanks for your contributions over the last couple of years. You especially gave us good perspective on NWT (if I recall correctly). I think it`s value added to the blog when you have people with extra knowledge of specific locations (especially where Century has ownership of mineralized properties).
Fyi, our 15 km NWT strike length (with 2 ore bodies, 4.0 g/t and 10.0 g/t grades, already established and still open at depth and along strike, with 170,000 historical ounces already delineated and counting) has gotten even more interesting now, as Peggy`s NWT reputation is no longer the face of Century (if we eventually decide to open up the NWT door).
May I recommend you email Carib to get a blog member posting id. It helps a lot when posting and it provides a lot more posting flexibility. It also makes it much easier for readers to be 100% sure who is who, when reading a post or comment.
centurycarib@gmail.com
Hopefully we get some production numbers/persentation update this morning shortly after 8 pacific time ... rather than waiting until August 3 after the holiday.
This would be a step towards more timely notification of progress.
Mike
Yeah, I think we need to see some numbers to bring back some confidence back. I think the retail investors are still not sure what is happening with the management change.
Mike and Keith,,,
please feel free to contact Peter Ball via email or telephone and voice your concerns regarding prod # and pball@centurymining.com or Toll free: (877) 284-6535. He is a great guy to speak with.
Early next week, PB is in Val d'Or for a total of 7 hours, so my feeling you won't get your numbers until after that trip. I believe they will publish both the August presentation and Q2's together.
Also, I asked PB about the Blaine office and his decision to work for TAM or CMM, now that PK has resigned from CMM. He could not comment on either issue.
Right now they have some summer students uploading drilling data into the Vulcan database. PK owns the building in Blaine, but IMO the CMM office should come to the CDN side of the boarder, preferably somewhere closer to Lamaque. Ie. Toronto.
PB indicated it should be an interesting month.
Hi Rump,
Thanks for the info. I hope it will be a good month for the stock price.
Oh dear, I am very worried with the direction that CM is taking with the appointment of AM as COO. I feel that AM is a product of PK. That said, PK was the "forword" thinker for CM,putting together the Company and moving it from a dream to reality.I feel AM rides her coattails and promoted her thoughts/wishes onto the operations. I do not feel that AM by myself is an "operation" leader and I hope the "new" CEO and/or the BOD place a GM at Lamaque ASAP. I may be wrong concerning AM but past history of AMs'managment at Lamaque/Sigma and Kemess leave me Just Wondering.
If Peggy becomes involved with the NWT or any other ventures,I hope she(Peggy) re-evaluates AMs'future involvment.
Hi Justwondering,
It`s not entirely clear what Mr. McNutt did to deserve such a significant promotion, but I can`t see it being anything other than high performance in executing the Lamaque start up plan. I don`t see seasoned executives for billion dollar companies like Finskiy, Scola and Hulley keeping Mr. McNutt employed (without the protection of Peggy backing him as a key executive) never mind promoting him to VP Ops for the entire company without, at least not without compelling reasons.
The good part about continuation with the Lamaque start up is that Peggy will still be available to consult with over the next year. Lamaque should be in an extremely strong state in 12 months (once Peggy consulting contract expires). Personally, I believe most of Peggy`s consulting work will be with Finskiy, Scola and Rich (Corporate Development guy) as they evaluate M&A targets and strategize about future M&A actions.
Also, I think they mentioned in the last conference call that they are searching for a GM/VP Ops for Lamaque. Those plans haven`t I don`t think, as McNutt is the VP Ops for the company overall.
In addition, I like what Mr. Hulley did with Gabriel Resources in his Interim role as CEO over the past couple of years. It was a different situation, but an extremely delicate one (extremely sensitive and explosive Romanian situation). He seemed to have made all the right moves to navigate Gabriel in a successful direction. He seems to be very seasoned in working with communities. I listened to Gabriel`s 2009 Denver Gold Forum presentation. He has a calm and convincing way of presenting information. I can very easily see institutional investors buying into his message. The successes at Gabriel while he was Interim CEO moved their market cap to over $1.5 billion (more than double what it was). He has settled in to be Gabriel`s Chairman. This allows him the time to be Interim Century`s CEO. I don`t he will want to be our permanent CEO though as he is getting up there in age. At the same time, I don`t think there is any rush to find a permanent CEO. If they don`t find an ideal CEO then no reason that Hulley can`t be the Interim CEO until they do (even if it takes a couple of years).
Mr. Hulley has been very involved with our day-to-days for the last several months. No-one in the company is in a better position to lead the company through its present course.
I completely agree with P05's take on Adrian - this may actually be his time to shine. I sure hope so! We'll find a good GM to put between the miners and the office.
I am looking for good numbers in our upcoming report, as I'm sure we all are.
I guess time will tell but if history repeats... well you know the saying....
If Mr Hulley is a very strong asset to CMM, which I believe Chillby and Prod05 judge correctly,(I am unable to at this stage, I only have questions on these important personalities)then having him as interim CEO should be great as he can once again bridge over to the institutional investors. So as long as the purpose is served, there seems to be no extreme urgency to bring in the new CEO, at least not until the best is found. By the way, how old is Mr Hulley?
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