TSXV:CLAS.H - Post by User
Post by
StanleyTools1on Jun 27, 2010 8:14pm
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Post# 17226074
matthew25:
matthew25:You realize that bids are strong at this level because its where the majority of stock was issued on the original reverse take-over private placement.
The stock could move some on positive news of Atzam3A production and guidance, but Canaguay results are still months away. The well was only spudded a few weeks ago.
I wouldn't expect any huge moves any time soon barring really good flow rates from Atzam. Could take the sp to the low 20's..... But many would sell to break even at that price.
Bottom end Q3 to Q4 is when sparks should fly here.