CCU 0.00% 5.8¢ cobar consolidated resources limited

next move.

  1. 572 Posts.
    Will claim the 66 cents share price which was reached over the last few days as being validation of the "closer to 70 cents in early October" prediction.

    The management has released in detail progress in commissioning the processing plant and positives to support latest fund raising share issue.
    Is now in a strong position to finance planned developments and exploration.
    Little scope for adding to the positives for a while now.

    Expect the share price to languish for a few months now as steady progress continues but not expecting any sizable drop in share price during this period.

    Time to relax and get on with life.

    Am hoping for a strong move very early in 2013.
    A share price closer to $1.00 has been my suggestion early in the new year.
    About 90 cents plus perhaps!

    With surge in price of silver, happier stock markets and anticipated steady improvement in production a share price around $1.20 would be a reasonable hope. A few "IF's" in that!

    April will be the best chance of seeing the share price at a more remarkable height. But there are lots of water to flow under the bridge before then.

    That's how I see it anyhow.
    Remember your guess is as good as ---!
 
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