Creso Exploration Inc CRXEF

Support at .50, patience

[naimarantz]

After an hour and one half of general commodities selling off this morning the buying around .50 was strong and consistent. I couldn't help but pick up more myself at these brain dead selling levels. These markets are run by fear , greed and algorithms. The impatient are ignoring the fundamentals and watching the algorithms as they mindlessly run stocks up and down regardless of fundamentals. Just because the algorithmm black boxes are not running up Creso (triggered by buying volume levels) does not mean Creso's amazing gold grades and intercepts are not valid. The contrary is true as 16 holes are waiting for the lab to finish assaying them and two drills continue to turn at Minto and Duggan. None of popular stocks trading in the .50 range have the combination of desirable qualities that Creso has which are ;

- Outstanding gold grades and intercepts
- 18 known gold occurrences
- World class geologist and management
- Safest geopolitical location in the world
- Year round drilling

There will be no shortage of buyers at this level.

[Deckdude]

Patience my a ss. I am down 34 percent on this piece of cr ap. Wish I had not bought into it now.

[resourcehorse]

[resourcehorse]

Broke 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