price target 45 cent, page-4

I make judements based on market sentiment not my goals.

Every small cap is a gamble. Even if a stock might have a high chance of success long term it can still have high volatility.

Not long ago CLR was $3 and it fell to 60 cents so my view is realistic. There is a real threat that coal, and iron ore prices head back to levels when only the big players make decent profits.

If there is a world recession these projects could be shelved for 4 yrs and revert to penny stock.


I hold EOC but not CLR, I thought it was a bit overvalued when it raced past $1. The directors of this company should have done a large capital raising at $3, maybe they were sleeping.