SupCTP has been one of my watchlist regulars, and it started...

  1. 1,227 Posts.
    Sup

    CTP has been one of my watchlist regulars, and it started looking good for a trade on Wed, and yesterday confirmed it. I posted this in my summation on this thread yesterday morning, when it was still at 8c. I bought at 8.1c. It has recently traded up to that 8.8c level and retraced so need to be carefull. It is also one of my hit list of 10 "HIGH RISK HIGH REWARD SPECCIES" where I have accumulated and set aside for the longer term. So far my speccies are doing very well, with some already being free carried. . I took the approach that even if 7 or 8 of them go bang, at least 2 of them will provide good returns. CTP has good potential if they are even half right in their oil and other prospects and subsequently prove up resources and reserves.

 
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