CPC carpenter pacific resources limited

re: the quiet acheiver - now green I certainly think you should...

  1. 3,445 Posts.
    re: the quiet acheiver - now green I certainly think you should look at the macro picture for all resource stocks. Aren't all gold stocks moving because the macro picture for gold is strong?

    With the gas price it does look very volatile, however, it does seem to move in accordance with the short term weather patters. A couple of cold weeks and the price could well move back up strongly. Regardless the profit margins at current levels are extremely high.

    I was thinking of taking some profits as well, but with that strong close on Friday, director buying etc it would pay to hold. Surely there must be some news in the wings or is it just a re-rating based on fundamentals.


    Mookie.
 
watchlist Created with Sketch. Add CPC (ASX) to my watchlist

Currently unlisted public company.

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