The rumored word on this topic is to expect buying to continue. So far so good.
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Buyer knows they are the only game in town. Content to let it sit. It may be awhile.
Their initial order was for $983,232 of stock at $0.016. They now have an order for $223,249 at $0.021. VWAP for the last 4 days of 70,000,000 shares traded was $0.0206.
Assuming they didnât increase the $$$'s invested after the first order suggests the buyer purchased a little more than half of the shares traded (36,892,378 of 70,000,000 shares).
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I believe they only have 10.6 M share left to buy. If you watched their size reduce every day it is fair to assume they reduce their size every day by what they already have acquired. That would mean they have already acquired about 50 M shares leaving todayâs order of what is left to fill from the original order of over 61 M shares. JMO
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Hope they arenât paying their broker too much for this amazing display of trading skill:
- Set limit buy: 10.6M @ $0.021
- Nap all day âŚ
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It seems clear to me that whoever it is is more interested cleaning up the loose stock and putting a floor under the market rather than being in a rush to get shares.
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It could also be a forced buy in where the broker has a mandate to but 60 million (for whatever reason) but is allowed to stay high bid (within reason) until the order is filled.
I can understand why a real buyer may have decided to show a large bid initially to create liquidity but keeping the remaining net order without adjusting/refreshing rhe amount would be a very strange strategy for an entity that is planning to buy more. IMO
Why is the stock stalled at low 2`s?
Interesting that the original order was right below 5% of the outstanding shares!
Maybe there will a follow-on order.
Also pleased to see that seller not around today. Buyer may have to move up.
Assuming they didnât do any âbonus buyingâ at the ASK, looks like they only picked up about 700K today at $0.021. About 15 trading days left at that rate. But most likely something will change in the meantime.
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With Auryn done with traveling for the momentâŚthere is now an increased risk for news coming out.
They are overdue to update us regarding the newly minted production agreements with Medinah and the other entities on the mountain.
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Well, since you provided such a softball and it has been a while, the news which improves every day is: the count down is down to 530 days:
https://countingdownto.com/countdown/signing-date-for-nuoco-auryn-jv-countdown-clock
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For those who canât see it, CDEL is setting at a bid of .021 looking for 10.6 million shares. 
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Bid getting wacked already
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Might very well get filled today. What a joke!
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I would be happy with a penny a share increase every month slow and steady for the next 12 months.
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Me too Kevin but when you have a seller who just keeps dumping at the bid we wonât get that penny a month increase jmo
It taken us almost 60 million to get a 1/2 penny increase
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Wizzard then who is buying and selling at .0210?