I am of the belief that this is a solid share about to go places. If you look at earnings potential based on worst case scenarios this is a real winner. 2 year pay back on new mining site. Announced they had to move production plant to new site because they found more silver. Tightly held stock. New money to be raised through banks and not through share issue which means the big shareholders do not want to dilute and share future profits with more people. I think there are approx 65m shares held by the public and not the top 20 share holders. The share has gone up 250% 350% for some people... But does that mean it is a sell??? If big sell numbers come up to try and force small players out of the market some will move because they have already done well. 7m shares have moved in last few weeks, that is more than 10% of the remaining shares held by mr and mrs public. They will soon dry up and we will get a run. The announcement updating us all on silver upgrade/results was delayed from last month to this month... Call it a hunch but I think they have more silver than they are letting on and this market panic in usa has given them the perfect opportunity to pounce by dumping huge sale volumes on and getting mr and mrs public to move out of a good share at a reduced but still highly profitable price!! Let me know what you think!
CCU Price at posting:
80.5¢ Sentiment: LT Buy Disclosure: Held
