Short Term Trading Week Starting: 31 May, page-29

  1. 5,354 Posts.
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    For those with an appetite for a slightly longer buy and hold, CAI looks to have turned the corner.

    Financing in place....tick
    development started a few months ago....tick
    First pour 1H 2021....tick
    POG trending in the right direction....tick
    130koz mine once in full production (90koz to start with)....tick
    Its been as boring as fk for a few months (as per chart), but its now moving at a gentle pace.......tick
    Weekly Vols slowly ticking up in last 5 weeks....tick
    Sellers are not lining up.....tick
    Respected management with lots of skin in the game......tick
    Gap closed (from this morning) on the daily....tick
    MC of $175m....tick.


    https://hotcopper.com.au/data/attachments/3229/3229292-8b9b2961bc51744180dc42ad63a9861c.jpg
 
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