Agree, but at the same time, I do appreciate KyngD sharing his/her perspective, thoughts, efforts and interpretation with respect to charting and its relationship with fundementals. I am a somewhat of a newbie to this game, but without some of the aforementioned, it is difficult to justify taking a position in anything this side of the market. At the end of the day, if the deposits are there (within the exploration leases or those being acquired), I believe CHN has a good chance of finding them. Cash is there to search, they have the right people doing the thinking about searching, good (great) initial results and actioning their best plan going forward (drilling flat out in the best interpreted zones, although I am worried that drilling may be stopped in its tracks if the government ups the ante). Looks to me as good of a punt as anything out there at the moment (but like anything depends on your timeframe and itch for risk). The casino factor (will mineral reserves eventuate from exploration or can resources/prospects be sold at a profit?) is naturally in this one as with any up and comer (it is in CHNs businesss model), but recent events would show it is everywhere ATM. Liking the punt, KyngDs charts good IMO if you want to trade for better or worse or use as entry/exit guideline (much better than a stab in the dark IMO). Drill results + general market sentiment will do the talking in the long run. Price = god, grade = king but both irrelevant without the tonnes. Money to be won and lost in the interim. Place your bets. If it doesn't work out learn somthing along the way. Probably stating the obvious here for the most part, but anyway.....GLTA.
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Last
$1.06 |
Change
0.040(3.92%) |
Mkt cap ! $412.3M |
Open | High | Low | Value | Volume |
$1.04 | $1.10 | $1.03 | $2.941M | 2.755M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8743 | $1.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 12809 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8743 | 1.060 |
2 | 11444 | 1.055 |
5 | 17860 | 1.050 |
2 | 11950 | 1.045 |
4 | 47414 | 1.040 |
Price($) | Vol. | No. |
---|---|---|
1.065 | 12809 | 1 |
1.070 | 13294 | 2 |
1.075 | 12809 | 1 |
1.080 | 500 | 1 |
1.090 | 25000 | 1 |
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