Charts & Broker Data, page-971

Although the selling seems relentless. I personally think we were due for a retrace.

Even If you look at past 12 month historical trading pattern you can see CNB’s peaks and troughs can fluctuate close to 40% (excuse my crude example).

The SP is obviously very news driven at this point in our exploration so it is expected as shorter holders wash through the register.

what im seeing in the last 12 months is we are progressively having higher highs and higher lows and the extent of the fluctuations are actually decreasing as we find fair value with every piece of new exploration news we receive.

I personally don’t think panicking and bailing on every dip and buying back in on news is conducive to achieving the highest profits on a share like CNB.

Hopefully we stabilise around $1.40 to $1.50 whilst we await the next wave. Anything below CR level is just sheer stupidity with what has been announced thus far and I certainly will be picking more up at those levels.