CJO 0.00% 13.0¢ cerro resources nl

I believe the share price will hold well at this level...

  1. 224 Posts.
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    I believe the share price will hold well at this level considering OCJ has been and still is a long term accumulator.
    Goldcorp is a 'dinosaur' and slow in its decision making.
    For that reason, it is a win-win situation for CJO whatever GC decides.
    If they pull out because this project is too small for them, we will be free from a slow and cumbersome partner.
    If they decide to participate, it will greatly enhance the project value in the public eyes-- not that it is not already a great project at present.
    Personally, I think if they decide to be involved, they will pay CJO out.
    It is not good corporate image for a top good mining company to be a junior partner.
 
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