CR1 0.00% 16.0¢ constellation resources limited

Next Multibagger......, page-117

  1. 7,820 Posts.
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    Guess that's what happens when there are so many sitting on profits and time tests punters' patience. The fundamentals are intact, so if you have spare cash and a solid conviction that this company could be on the verge of a re-rate given its locality, mkt cap, cash in hand and plans, why not embrace the pullback as a good thing?

    No SP goes up in a straight line no matter the real story or hype. All I know is that the Fraser Range is Mark Creasy and like all wealthy entrepreneurs they back their passions and convictions... and do so via all the legal means they can to capitalise on it. Whether Creasy is directly, indirectly or not invested in CR1, the web of subsidiaries, beneficiaries, etc that he is connected to certainly suggests anything is possible. Any good indicators of sulphides from the upcoming results, IMO, will likely bring Creasy into the fray as a major SH anyway.

    Tah Man, the SP has had a good run and needs a breather. It went up on LEG's ann just as GAL's SP did. It's SP also pulled back once that little flurry was over. And, if GAL announces good results, I'd be expecting the same to happen again with a spike in CR1's SP. Atm, our SP is sentiment-driven in expectation of good things. Just keep the faith as they say.
    Last edited by Shellbell: 28/05/20
 
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