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23/07/14
16:55
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Originally posted by forrestfield
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Mo,
holding it all with complete patience... I bought it for 6c as my valuation says 6c in this strong market... However, got really confident when you said 6c is possible....
If you have time, have a look at ERM.... Substantial returns can be made there if all goes as planned... I have got a MEGA STAR status on it.... News flow is going to be brilliant... And is seems massively undervalued to me.... No recommendation given of course but more like a shout....
Historic high grades, diamond hole completed, RC drilling about to complete along with assay results ( pending?) and a larger drilling programme may be announced soon.... All funded by JV.... 2c cash and cash equ and no need to spend cash any where... Just the way I like them....
cheers and and all the best
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Agree with ERM, and CAY is recovering well after yesterday's bloodbath - the sell side is very thin, and a buyer was happy to pay 8.1c for 130,000 shares in the 4.10pm auction after it finished at 7.8c at 4pm - confidence is obviously returning after it was oversold yesterday.