CCU 0.00% 5.8¢ cobar consolidated resources limited

15% gain today, page-31

  1. 9,505 Posts.
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    Hi certified,

    You could be right with that prediction.

    We have fallen very steep from above 50 cts to about 32 cts.

    Thats a fall from nearly 40% is that fall justified when the silver is still there?

    My experience is that stocks mostly fall to steep during these hick-ups in ramping up production.

    Once the traders have gone the stock will find a bottom and move steadily up towards a more reasonable price compared with the value of the company.

    That stage we have now imho, and I expect to see us trading around the 40 cts level next week.

    Time will tell

    Good luck to all holders

    jojo
 
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