$2.50 near term target, page-30

BNW was clearly baiting to a get some response. However I always believed we move far too quickly above $3.00 and were likely to have a pull back. The pull back has always occurred between drilling reports. At moment (part from the quarterly) we are in a trough between any major drilling reports. When it reached $3.50, I put in another order for 4,000 @$3.00. I got them of course. Its the other side of the trough I am looking for. BNW obviously sees value in CHN and that is why he Put his bid in @$2.50. He may or may not get them. Good luck to him if he does.

I expect to reports on three projects before Christmas and imo I think they will all come out in December. Maybe we will all get a very Christmas, including bnw.