EQR 0.00% 4.1¢ eq resources limited

tungsten first 20 ton cash flow fucture growth, page-38

  1. 1,559 Posts.
    Beans, I don't give a negative view. That's just your interpretation. You might have noted my "long term buy" sentiment and Stock: held disclosure. In fact I do own 3 million shares of CNQ. That might tell you something. But my holding doesn't make me blind or deny reality.

    Fact: APT prices trended down during the last 12 months.
    Fact: CNQ experienced higher costs and serious ramp up problems.
    Fact: CNQ repeatedly missed its own deadlines.

    And I expressed my opinion on what the delivery of 20t concentrate might do to the share price. If you don't like it just put me on ignore. In fact we all expect this news to be released very soon, don't we? And so do others! They might have bought stock in order to profit from the news when it is released. They sell this extra stock when the news comes out and shoudn't their sell orders be met by enough new buy orders, the price will move DOWN instead of UP. This would be a classical SELL THE FACT reaction.

    I just tell it like it is, mate.
 
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