just looking at the chart, the market depth and the way this stock moves.
We are all expecting good news next week.
drilling is on track. they are well funded, and on the verge of a pretty big discovery in my opinion. 30 cents is where they raised capital. and that was at a 25% discount to where the stock was trading at. The stock has been held back below 20 cents for some time now.
The risk we know is there, but the way the stock has moved of late sugguest to me that the smart money is now set. And no one is even interested in selling into the volume on the buy side.
It will only take around 20k on you could basically see all time highs again at 65 cents. which is 300% gains.
If the news is good. and they hitting good grades of copper. There is just no way that there is enough stock on the books to buy at current levels.
People have been getting set on this one for 18 months.The big spike when the stock first listed, and ever since it was below 20 cents.
directors have paid 25 cents, 17 cents, and 16 cents.
If you look at copper prices when they first listed, they have also risen substancially, so with copper prices rising, an economic resource is looking more and more likely.
They have a copper system there its just a matter of getting the drilling done to get more parties interested to raise more capital.
We are looking at 200,000 tonne copper resource.
i have been accumulating this stock for some time, and 2008 is a massive year.
you have been told for the last 12 months that this stock will pay dividends.
Expect big things within the next 3 months.
The update next week is only the beggining.
note: get a copy of the top 20 holders from the IPO
get a copy of the current top 20 holders now
you will notice, that the top 20 have mainly added to there positions. some doubling, some trippling.
good luck.
i am excited.
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