"Ya never know you might get ya money back some day"
"I doubt you would take a punt at this area"
"If it does jump to 1c area ya would have a 500% gain to offset ya loss.
The money is not the question I have made it back on other stocks as mentioned by 4 to 5 times my initial outlay here.
I have sold most of my holdings in other stocks and hold cash given the current volatility in the market an believe that at this point the market will nosedive and retrace heavily, this is based on the facts that the impact of the pandemic has still not hit home with so many unemployed, no spending in retail shopping which is nearly on its knees and many more other factors like airlines etc that still have to be considered, therefore in my opinion holding cash is best.
Given my recent contact with the company and their concerns re the Coronavirus and the current market conditions throwing more at this is asking for trouble and as stated previuosly if the drilling comes back postive (concrete evidence) then and only then would I consider getting involved again, if it goes up a few pips its of little consequence to me.
CZN Price at posting:
0.3¢ Sentiment: None Disclosure: Held
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