CCU 0.00% 5.8¢ cobar consolidated resources limited

Trying not to get carried away with the anticipation of first...

  1. 572 Posts.
    Trying not to get carried away with the anticipation of first product from the processing plant.
    Market is aware of this impending event.
    Often anticipation is more powerful than the announcement.
    Still hopeful of comfortable improvement in share price on the announcement.

    "SHOW ME THE MONEY!"
    Yes actual profits are the real way to buyer motivation so am looking forward to second quarter profit report which will be minimal should finished product be sold this month.
    Third quarter profit should be the one!

    The recent surge in gold price must have give hope to those awaiting a move of the price of silver towards $50 - and some hoping for much more.
    As for my past post it may be some time off yet.
    A substantial fall in the value of American dollar is the trigger for such a radical move.
    Presently flight of money is into American dollar which is considered a safe haven. Consequently the dollar is sound.

    The huge surge in price of silver that is hopefully anticipated will only occur if faith in the American Dollar is shaken.
    An economic slump in America and a surge in inflation (QE's, stimulus packages, money printing. etc. may be necessary precedents) will be catalysts.

    That's how I see it anyhow.
    And remember --- Your guess is as good as --.
 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.