Investors are strange beasts and sadly, still ruled largely by fear.
As of this morning, the game changed.
Risk in CNB lay in holding stock BEFORE these first significant results hit.
IMO, Rob has basically come out and said: 'Man this is good now. It's looking like Hemi really does extend into our tenement, so we're going to follow up straight away with an extensive RC program. In the mean time, hold on to your hats. There's another 3 DD holes to come, not to mention the really exciting juice from the 288 RC holes. Oh and this is al happening in weeks. Not months....WEEKS"
But no, seemingly paralised by fear, you can almost picture a group of punters all standing around in a group looking at each other.
Were these good? Is this good? Is there any gold there? Should we have hit the mother lode by now? Do we buy?
And then, you watch. Some "alpha" will step up with a fist full of cash and say: "Bugger you lot. I'm going all in".
As usual, the rest will then follow....and pay higher.
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54.0¢ |
Change
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Open | High | Low | Value | Volume |
56.5¢ | 57.0¢ | 54.0¢ | $54.49K | 97.29K |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 16929 | 0.545 |
3 | 33773 | 0.540 |
1 | 2000 | 0.530 |
1 | 7400 | 0.520 |
1 | 10000 | 0.510 |
Price($) | Vol. | No. |
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0.555 | 3840 | 2 |
0.565 | 4700 | 1 |
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