GREY:CATXF - Post by User
Comment by
mudguyon Jan 14, 2013 4:40pm
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Post# 20836615
RE: RE: RE: RE: Longs Are Holding!
RE: RE: RE: RE: Longs Are Holding! I think current sp is a reflection of the uncertainty regarding what Teck will do and a general malaise in the junior market. We'll know what Teck is going to do soon enough, and take it from there. At least the clock is going and we have a timeline.
For what it is worth, the bids have been solid for months, usually about 1M shares at .05-0.55 and the asks are not yielding often. I see that is patient interest by buyers and steady holders. Nothing is for sure, but the fundamentals here are excellent. If .05 is the base, we're 30% up from there.