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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Post by pothead2on Feb 07, 2011 12:45am
292 Views
Post# 18085188

JMO

JMOI've been reading the bullboards for a while here and some people definitely have their opinions and are quite verbose as such.

Just my opinion on what's going on here and why this is an opportune time to buy.  A handful of insiders had this pumped with the 0.10 PP financing announcement which they probably knew would never happen.  Once all the guys who had bought at 0.04, sold their shares for 100+% ROI, they created a little fear mongering.... re: PP no longer going through and share consolidation.  Panic brought the SP to as low as 0.03 before getting steady at 0.04.

Now it appears that the share consolidation may not happen which is already creating a pretty solid support at 0.04 and probably pushing towards 0.045 - 0.05.  I expect some announcement or another to create even more hope which will probably take this back up.  So IMO this is a good entry point, not because it is the next Teck but because the pattern of this is becoming cyclical.

I'm sure some may think I'm out to lunch on my thoughts but like I said earlier, just my opinion.

GTLA.
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