It may possibly correct - but with drilling now imminent I cannot see it dropping too far. Lots of technical support now formed aswell.
Your comparison of CTP to BLR and WMT - Sorry david but an absolutely poor comparison for numerous reasons.
Firstly - your comparing two uranium companies to an oil/gas/helium explorer. The uranium spot price came off substantially, so too did speculative prices on 95% of uranium stocks.
Oil/gas exploration is obviously an enormously different game to play and CTP definitely aren't playing in a kids sandpit here.
Your either a downramper trying to pick up cheap stock (whch doesnt work on a thread if you understand probability), OR, your an extremely uneducated investor. If its the latter, you'd better brush up on your investment skills.
Only way I can see CTPs SP go to 8c is if they drill 6 dusters or have significant drilling complications.
CTP Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
