CMR 0.00% 15.0¢ compass resources limited

Sabre,Gotta say it was a good call if an obvious one. $3 was not...

  1. 2ic
    5,784 Posts.
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    Sabre,

    Gotta say it was a good call if an obvious one. $3 was not just a technical and physcological barrier (even number an all) but more importantly was a 100% gain in about 2 weeks. There was always going to be a lot of profit taking at some time and 100% profit aint bad in a bear market.

    Risk reward still at play and based on past performance it would be foolish to disregard chances of start-up problems and getting metal out in quantity for operating profit. Long way to go for Sulphides go-ahead which is the main price driver, in the mean time CMR will get played by the traders up and down hill with the Oxides saga.

    core and traders for this one.

    goodluck
 
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