tyre kickes will miss out

I hope all you HC users out there already have, at least, most of your intended position in CXY. Those that are waiting for the burn and waiting at lower levels in the depth will miss out on this opportunity.

Patterson's have 35c on this stock and 20c near term target at this stage. I believe upside valuation figures from a JV in Victoria will follow. GoldOz put out THE benchmark report that captured the market forces behind the opportunity and highlighted technical + valuation factors at precisely the right time.

Many fine thinkers such as Dex, Highwayman and more have been shining a torch on CXY for some time in this forum.

When faced with such an opportunity it does not pay to attempt to over finesse a trade or entry point for an investment. I did not expect the strength behind the SP ahead of this burn to this degree and would hate to be faced with buying after the news of ignition or even worse when they finally get Victoria inked.

This will be an exciting year for CXY and even though I am a professional investor I am not game to attempt a forward price estimate at this early stage. Setting overhead price targets based on previous tops is a dangerous game on this one. Victoria would have to add another 20c minimum to the Patterson's valuation so why even consider selling at 15c or any level.

Remember when you are on a winner you have to let your profits run. It is your losers that you are supposed to cut. I don't care if you vote for my posting or not - vote for CXY and your own profits and take care with this one.

Best wishes CW