RE: re:stockpi and maxhardcoreDon't own a lot but have been in a long time at Goldtex prices.
Let's look at the positives and negatives.
Negative: Awful gold and metals market. We're in a bear market as are some other sectors (looked at the price of TransAlta lately?)
Juniour mining exploration companies are very speculative at the best of times and few fulfill their promise.
Lots and lots of shares. We better find something really big.
Positives: Chuck - his past success, the money he has in Cantex, maybe his drive to hit another home run, maybe his regard for his own reputation.
Activity - They are now drilling etc. and finding stuff.
The, it seems, positive relationship with Yemen
The size of the concession.
What we need:
Someone on this forum who knows geology and mining who can interpret the results info for us. Someone who knows mining investment so they can compare CD with other companies to help us value it.
I'm holding on for now. But when it gets up around a buck (if!), I'll have to look at it carefully. Is that what we call resistance?