CFR 0.00% 0.6¢ cluff resources pacific nl

Ann: TEN GEM DIAMONDS (2.42 CARATS) RECOVERED AT , page-7

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  1. 11,407 Posts.
    re: Ann: TEN GEM DIAMONDS (2.42 CARATS) RECOV... Xabi

    CFR doesn't move often but when they find diamonds...likely to be more. These are good quality.

    The trading pattern I have noticed over the last say 6 or 7 years is that CFR spikes great on the day they announce a find of diamonds...then again the next..then the next.

    I've seen it run for a couple of weeks....can be a real momentum builder. The good thing is where they found these diamonds there could be more.

    They're not a legend of a company which is why it runs up past 2 or 3 cents and then over months may trickle back down below 1 cents.

    Then again...if in a couple of weeks more diamonds are found then its possible that CFR may just keep on running.

    On this news...my opinion is it will creep over 2 cents in days in anticipation of more diamonds.

    Worth a punt in my opinion. Its a spec stock but I just bought as my gut feel is it will crack 2 cents or higher in a week or less.

 
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