CBH 0.00% 8.9¢ coolabah metals limited

buying up by insto's, page-3

  1. 8,972 Posts.
    lightbulb Created with Sketch. 202
    hi,

    CBH was one of my stock picks for 2004 at 14c, and i traded it several times however at 20c I think it has run too hard...for now.

    it could settle back so im out of it...

    One of the reasons i got out was the loss of contracts on the shiploader...this will eat into the profit they expected from this.

    Another reason was the lower than expected production for the quarter...

    However very bright future if ur a long term holder. I Will eventually get back in.

    Note: Huntleys has come out with a similar view with a 'take profits' recommendation. He's on the ball usually...he prefers perilya for zinc/lead exposure
 
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