mmm.. stuck its nose up through the 7c mark today and closed in at 6.9c good volume too.. as sometimes is the case you dont get a pull back you want in a bull run of a stock to get set (or silver,cough cough) may well stick through 7c and hold tomorrow...If it does it will be through the resistance and open upside to..well.. 12c i guess. May take a retest of 7c before 12c but. nice pick hobo...
This one will do fine as soon as the start production (and all is going well) this one will get a nice jump - in the interim set and forget or buy in the dips IMO
Just out of interest how many of you guys ever talk to the management of the companies you invest in? Sometimes when i invest in companies I talk to management. With microcap companies often management are happy to talk to small investors.
Im having a hard time picking between this and GDO.... Not trying to distract just curious about sentiment. Also, still learning. Does anyone use a generic spreadsheet to analyse different stocks for comparison or are there other options out there.
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http://www.brr.com.au/event/73362 * Tender receipts for mine development due in this week * Award tender / kick it off in March looks like 11/12 will be set for a full year of production still flappin around 5c
The frustration with penny stocks can really grind one down. I'm holding 5 stocks now and even now they've frayed my nerves. Got into the last one by accident! An order that I'd put on never expecting it to hit my bid price, did so today! Lol - now I'm in base metals too. And the problem is I've got my eye on two more base metal stocks! Crazy stuff. Hang in there.
Some more good grades... comes down to how nuggety/patchy the quartz gold is... but the recent drill looks good... and costs are at $710-750 @ 50koz/yr
Can anyone see the sp going north with ctg in the near future and if all goes to plan what might we be looking at by the end of the year. I have bought svl and ccu which are firing with both barrels but I am thinking of maybe reinvesting my cgt shares. Maybe Hobo-jo could have his input. thanks
Production scheduled for September should mean a nice jump around then - my prediction is around 8 cents with room to go higher if production confirms drill results and we get a JORC resource increase. Depends if you trade or invest really this isn't a great stock to trade with limited volumes etc but I see it as a nice solid investment. My prediction for the end of the year hmmmmm between 8-12 cents so say 10 cents Oh and as an aside I like the board on this company some good experianced hands guiding this ship.
Is this just because of Gold though? I mean, none of my Gold stocks have really being going anywhere, although maybe I've just picked bad stocks. Is it just a case of waiting for the Gold price to move substantially?
Well said Hobo-jo, ccu had a pullback from 69 cents to 53cents 1 month ago when silver dropped $3 or $4 an ounce but look at ccu 1 month now. If it drops again will be buying more physical and shares in a bigger way.
Which kind of makes me think, since I have some spare cash I should put more in CGT now while it's still low. I could be saying "I wish I'd put more in" some time from now, however I could also put more in and end up regretting it. Decisions, decisions...