re: cmr moon theory
Megabull in resources that is, of course ... Personally I dont give 2 cents for the rest from here as u know. And all USD related on top of the China story. Stagflation. Grand ORM stuff.
Anyway Friday had taste of classic shakedown. Took 20K strategically to send it reeling, then saw accumulation of size at the lower levels. All whilst the yanks were sleeping.
We must be getting close to real news and serious exploration with a million bucks a month being the budget to end year. Add 12 million bucks to follow next year according to GT at the AGM.
In trying times, the market needs a leader and a decent discovery to kick it outa lethargy. Surprised to hear at AGM the last decent discovery to commercialise in Oz was DRE's Thunderbox. With almost 20 mill exploration budget next two years to expose the Rum Jungle Mineral Field's and NSW plays' secrets, our market may soon enough get such a kick.
And lest we forget, the RJMF contains the Rum Jungle Uranium Field. I keep dreaming of that Westhouse call re the NT Uranium significance to global U market and keep imagining what a whiff of new Athabasca Gold might do to the warp drive of our new galactic class cruiser.
I look forward to CMR's next 6 months' exploration program with the greatest expectation. And then we will have the oxides plant start-up to party over.
IMBOOC
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
