GCR golden cross resources ltd

Looks to me that the short term traders looking for a flash in...

  1. 4,618 Posts.
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    Looks to me that the short term traders looking for a flash in the pan have exited. Plenty of mopping up going on, with strong support in low 8c area. I would be surprised if we see mid 7's again given current climate of activity and prospects.

    Smart money is entering right now. Too many shares have traded hands above 9c for there to be a bloodbath. The results of hole 190 weren't THAT bad, they just didn't meet the wild expectations. SP retreat is in line with announcement, as SP is not that mush lower than when the prelim announcement came out.

    Hold on for the long term. Plenty of reward in sight.

    GC
 
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