CAI 0.00% 11.5¢ calidus resources limited

As long as the stock price remains comfortably over 40 cents ,...

  1. 6,965 Posts.
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    As long as the stock price remains comfortably over 40 cents , it remains in a uptrend , consolidation , pull backs , volatility is all part of the journey especially for an explorer . Whilst this has been majorly de risked and on its way in becoming a very profitable Gold Developer , drilling related news has the potential to send the stock price on a parabolic run on many occasions surpassing many predictions , as we have seen with so many explorers this year alone , look at DEG for example around year ago it traded as low as 3.9 cents , earlier today was trading around 68 cents with a market cap of over $ 630 million . Whilst I understand every company is different , the recommencing of drilling , confidence from the company and continued regular news flow is exactly what every investor and trader would like to see .
 
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