CHZ 0.00% 10.5¢ chesser resources limited

Two ways I see this:1. Those in the know has been quietly...

  1. 169 Posts.
    Two ways I see this:

    1. Those in the know has been quietly letting go shares knowing the JORC may not be impressive.

    2. Those in the know cap down the price and scoop up just 1-2 days prior for the rally.

    Both scenarios are possible. The third is generally investors may get a bit impatient on waiting for results, sold off to jump on other day trade shares (e.g. PLA, CTP, OBL...etc)

    I think risk reward for an entry at 65c is well worth a small punt IMO. I'm waiting for an entry below 65c as this may surprise on the UP side. This stock is the next best gold grade apart from GMR, AZH - both are not doing too well and not being pump and dump with a famous newsletter.

    Given ann is due next week, I'll be keen to position shortly for a ride, higher probability on the good side I see. Good luck to current holders.

    cheers
    pcyc

 
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