I agree, I hold a small portion of this stock as I think the tenements held and CFP nature of some of its assets put it in a good positon to fund exploration. The JV with AGL rates highly too, they certainly wouldn't throw money away on a lame horse would they?!
Thinking of buying into some more given my profits in some other stocks as I think it's building a base but we need some high volume days to signify buying support. We haven't gotten those yet so I think a further test of the zone around 26-27c is possible. The longer term trend is still up IMO unless it drops and holds below 26c.
Can't think of a brighter future for a CSG company in Qld personally and definately could be the next QGC :)
DYOR//
ECU Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held
