Another day gone (Wednesday). Just looking at top 200 ASX major resources generally down between 3% and 10% and a string of minor small resources stocks down 20-30%(average). So CTP general steediness at 3% down is a no worries day. Probably the almost insignificant 700000 trades also says nothing. The only positive today obviously was the ANNOUNCEMENT which said "stopped at top of Perni formation - small traces 6 units of gases"(thanks hercules007 for your input earlier)- again what it is telling us that by next week perhaps Monday we should START to know the extent and thickness of the Perni CBM formations. Think many new posters may just be learning about CTP mega CBM Perni formation that probably as a base is MINIMUM 60 km long times 60 km wide= 3600sqkm but early day - this could turn into 100 km times 100km = 10000sqkm well anywas BIG BIG and if not forgetting the thicknes of say 120metres RICH GASEOUS thickness (say average) then that will be (BIG BIG) times (BIG)....
So perhaps by next weekend the BIG picture will be BIGGER. AND maybe BIG BIG farmin brothers identity could be known. Oh what a BIG BIG week next week. (Heres hoping!) Cheers Grangeh Malman Bulldogsfan and other believers. Keep beliving BIG!
CTP Price at posting:
15.3¢ Sentiment: Buy Disclosure: Held
