Very important time for CTP, imo. We all love SP rises but CTP needs to get some insto backing for strength. Once you get past that easy T/O MC things start to get interesting.
There is no reason CTP can't at least get to 500m MC, imo, with it's acreage and prospects.Some risk is coming into this lower end of mid to small caps. LNC is a good example as is BRU and BPT. No reason CTP can not start to assert itself in this space. It is creeping successfully out of a penny stock into the big boys club and people will start to take notice, imo.
Whatever happened back at 5c has to be viewed as successful imo.
Lets see what the next couple of months deliver to CTP and if they can make the most of an unusually favourable environment to consolidate themselves as someone to take notice of.
CTP Price at posting:
85.0¢ Sentiment: Buy Disclosure: Not Held
