CXO looks like a carbon copy of PSC's recent run and its strength.
People were selling in the 2c's, 3c's, 4c's, 5c's, 6c's as it shot over 7c (close to $100m market cap from memory) from mid 1c's.
This looks like it will be a much bigger and better resource so looking forward to seeing where this gets to and even if it gets to only where PSC got to then that would equate to a CXO share price of 35c-40c.
KSN should follow suit.
Cheers,
GB.
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- Morning Traders Wednesday 28th September
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