You know, I was one of the mugs who saw the Huntleys buy call on CMR when it was at 30c and didn't act. I just couldn't believe that it was worth 10x the current share price.
Of course, after it did its run (and I cried into my beer) I decided I better educate myself about resource stocks. The case with CMR showed that serious money could be made in resources and it wasn't just about striking it lucky on the drill. Still learning, but have made a fair chunk of change.
Anyway, my thoughts are that Huntleys made the best call I've ever seen. Brokers usually just do share price +20%; an analyst at Huntleys put his neck on the line to say CMR would go up 10 fold (the chances of him being wrong and his job being at risk were very high) so I think the analyst who made that call deserves support, even if he's made a mistake of late. We need more analysts like him to find us the really great opportunities.
CMR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
