CLE 0.00% 0.1¢ cyclone metals limited

marampa plans 2, page-10

  1. 1,046 Posts.
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    Hi Longing.

    It has been rather quiet here of late! Having held CFE for a couple years before closing out most of my holding earlier this year (due to market uncertainty). I took the plunge and purchased another parcel yesterday.

    I agree about CFE possibly drifting lower to 45c, however given the interest in other African IO miners (SDL AKI EQX - to name a few) I have no hesitation in believing in the medium term (3+ months) that significant value will be realised.

    personally I find the past few weeks intriguing. There is more at play even given the lack of trading volume. From my perspective on 'up days' there is a timely arrival of large parcels capping the stock, and on down days similar parcels look to appear tempting weak hands.

    Patience will reward those prepared to wait. TS has been perhaps a bit optimistic on time frames, but has always seemed to deliver.

    Good Luck all
 
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