CRJ 0.00% 1.5¢ caravel energy limited

check the price, page-13

  1. 297 Posts.
    fishoMC

    If they made a hit of anywhere near that magnitude the share price would be close to $10 and we would all go for a holiday for the rest of our lives.lol

    I would be more than happy with a couple of hundred metres at 1% Cu. That would more than likely give them enough leverage to organise a JV on reasonable terms and see the oppies well into the money.

    I agree that it is only early days and they will be sweating on making a hit for the option money.

    Made my biggest paper loss ever over the past couple of days thanks to CRJO's so I have no option but to hang on but am not worried at all at this stage. If results are nil by the end of August I will probably start to look for a cliff to jump off. If I had any spare cash I would buy more at these levels.

    The old saying "No guts no glory"
    If they don't hit anything it will be "All guts very gory"
 
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