Even if they did dump them on market, it is only approx. 50M shares. If we get one of the high-volume days we had in the past couple of months, these would be absorbed in a day or 2, then it will be time for the next leg up.
I actually think CPS learnt their lesson from the first raise and will hold out, at least until we see what phase 2 drilling of the new targets achieve. They missed out on a 4x return by selling too early immediately post the first raise. If that does not teach you a lesson, then I don't know what would!
RCR Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
