TGS 0.00% 4.9¢ tiger resources limited

Ann: COPPER CATHODE OFFTAKE AND US$50 MILLION ADV, page-10

  1. 41 Posts.
    re: Ann: COPPER CATHODE OFFTAKE AND US$50 MIL... Hi all,

    This is great news and I agree with everyones sentiments on the page today.

    Just a wary warning for those who wish to short term trade (not that there is anything wrong with trading and taking a profit it is why we all put our money up).

    I expect this stock to consolidate over the next 6 months and develop a new base, not quite sure what that will be probably close to where it is today between 40 and 45 cents before taking off again.

    If you sell today at 38 and are hoping to get back in at 30 I expect you will be disappointed as I anticipate the next retracement to go to between 34 and 35 before rebounding back to 40 and consolidating.

    As a crystal ball gazer I expect this stock to close closer over 40 in the coming weeks and staying there.

    Where the stock will be in 12 or 24 months is anyones guess but given the track record of this company why would you want to sit on the sidelines.

    Good luck to all holders.

 
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