Colorado Res Ltd Ord CLASF

RE:RE:RE:Almost giving up on this one

[jfan22]

People sell stock positions for a number of reasons I agree.

The original poster seems to believe there is value in this company and it's properties but has lost faith that outsiders are recognizing that value or that the company will advance the projects. I was simply pointing out that new institutional investors are putting money into CXO and recognize the value. Selling below the prices where those institutions have entered isn't typically profitable.

At the end of the day, investors losing sight of this company's value has allowed me to accumulate a position at low prices. With only about 3M stock standing in our way of > $0.10/share, we're really not far from a break out. All it will take is one large investor to start forming a position to take us to where we should be.

CXO hasn't put forward a definite and comprehinsible plan to add value to their projects in the near term like their neighbours have (SKE w/ an upcoming PFS + 137km of drilling, GTT w/ an upcoming PFS + drilling). In my opinion this has caused CXO investors to sell out and chase the catalysts these other companies have. None of that has changed the intrinsic value of CXO's properties or their upside potential. We will catch up to these other companies once priority drill targets are identified and we start drilling them.

We also face the problem that investors are being extremely careful where they buy and sell since our stock price is so low, The difference between getting in at 0.04 and 0.045 is extremely significant. The reverse split will help with liquidity and allow for more trading.

CXO will return to it's healthy range of being a $20M-40M MC company before the end of the summer.