baggies i can see your worried about CCC, so i wont be sarcastic this time, but to be honest i think it could go low 5's close to the placement. You have to decide whether this is a short/medium/long term play. Medium/long term you should be averaging down on the dips and waiting for the inevitable run. Short term you should of sold on loss of momentumn days ago.
The way i see it, is that 5c is the floor, it shouldnt go lower, so the risk from here is minimal but the upside is huge. Now they have great assets, and even if they dont produce by september it shouldnt matter as they will eventually mine the stuff whether it be a month or more away so as long as you have the patience to stick it out you should be rewarded whether it be now or next year sometime.
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