CFR has been a dream run over the past month surging beyond expectations so quickly, alot of hype, no proven resource & market cap heading for $50mil technically prices in good news already.
Odds are CFR is going higher as the on market backers are doing a spectactular job at moving CFR forward on the Indian Iron ore Potential, but the deal is still a MOU & no details have been released to give CFR a $40mil+ market cap atm, so when the trading is complete CFR will settle but at what price?
Defnately a stock to be watching/trading but caution is needed & stops should be used, we are in a bear market & you have to wonder why CFR is getting so much attention with such little detail.
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