Yes I am aware it would most likely be at that 4.5c placement pricing but this seems like double regurgitated news, what can they possibly update us about I wonder? Especially something that can show price appreciation?
With Gold looking the way it does, if CEL cannot prove that 3.7c - 3.9c are double bottoms whilst Gold is making new highs and basically uptrending then what hope can CEL actually have ?? Downtrending whilst Gold is uptrending. An actual joke and a slap to all shareholders. Eduardo doesn't mind though.
I am personally still Bullish on gold as per the chart below which seems like a similar pattern is playing out before yet another break out. Nonetheless, CEL still has a 6.6c double top and no way CEL sees anywhere near 10c without it clearing 6.6c and forming it as a new base. Even if GOLD hit $3,000 an ounce right now CEL wouldn't be 10c.
The day I switched to a CEL bear was 7th November. Will be bullish properly when 5.2c can clear, and ideally reclaim above 6.6c because that is where supply has been as insiders knew of Placement and deliberately drove this down in an uptrending Gold Market. Cringe management
Add to My Watchlist
What is My Watchlist?
