I may sound to optimistic but I think $ 2 can be reached much sooner. CCU at one buck at the moment is undervalued with current silver spot prices. Should be at least $ 2.5 at the moment I reckon. Problem is people not confident with silver yet, will the price hold or wont it? Once the herd gets confident with silver then CCU will take off in a rapid fashion I believe. Silver hitting $ 40 - 50 range might alert the herd to act. Silver's past volatility is making potential investors nervous at the moment. Hopefully March silver lives up to expectations.
Should be a good day tomorrow though. Would love to see 1 buck get tested.
All my opinion and may well be wrong.
CCU Price at posting:
91.1¢ Sentiment: Buy Disclosure: Held
