CFR 0.00% 0.6¢ cluff resources pacific nl

who will buy on annoucement, page-9

  1. 6,361 Posts.
    pk9 world markets collapsed over the last week and nearly all stocks collapsed big time. CFR is def highly speculative and due to news not out yet people are concerned that the price may go down. What CFR needs is news on whats happening in India, what valuation is on the deal and how much IO is in the ground. CFR may have nothing and the share will collapse or they may have 400mt and the price will be 10c+... thus its def a "HIGH" risk but high reward scenario. I would feel very confident if 2c gets taken out in 1 hit. If not then I too get concerned. Goodluck
 
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