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Creso Exploration Inc CRXEF

Metals & Mining Industrial Metals & Minerals


GREY:CRXEF - Post by User

Creso Exploration Inc > Support at .50, patience
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Comment by resourcehorseon Jan 26, 2011 5:31pm
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Post# 18031252

RE: Support at .50, patience

RE: Support at .50, patienceBroke support at 50 cents, so now it looks like 35 cents is the next stop and then 30 if it fails. The chart certainly looks like it headed that way as well. All indicators growing weaker. The overbought indices look to be headed for a fall soon so that would align with the future outlook here. Positive news would be the only saviour but management seems content with a cheaper valuation in order to fill their pockets again. I see Dundee has bailed so that only adds to the pain.
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