It took 4 moths to do it ... but it happened. Now this area just below & above $5 has a lot of congestion, so we can expect to see some consolidation around here. *Some buyers of cheap shares will profit take *Some stale bears will bale after recouping losses *Buyers will hold back to see how strong it is etc etc.
But CDU is effectively back to square one! But, more drilling has been done, more new areas found, more good results out, copper prices stronger, XAO is 500pts up ..... etc etc. We have CDU basically back where it was back on Aug 16, yet so many other things have improved big-time! So effectively CDU is still WAY undervalued!
Is it time to take profits? Not on your Nellie!!
CDU Price at posting:
$4.40 Sentiment: LT Buy Disclosure: Held
