CCC 0.00% 0.1¢ continental coal limited

who still thinks?, page-15

  1. 27,219 Posts.
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    so we're talking months until some sniff at production??

    maybe a month or two more, but so what, its not like its years away.

    Keep in mind, that larger dollars, wont necessarily wait until they actually get into production, there has to be some pre-positioning.

    I think volumes is the key, and its drying off from the large dumping, so when is it safe to really start buying into??

    When is a general punter, going to say, yeah, i think the sell off is done, not going to get much cheaper, and dont want to miss out on a position.

    The balance of the "must take a position," to "reducing volumes might not reach the 5c floor" isprobably at the current sp, so with that said, i dont think we will see the 5c level.

    If volumes were still up, maybe, but i think not.

    Is the tide turning?
 
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