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Channel Resources Ltd V.CHU



TSXV:CHU - Post by User

Post by mrcashflowon Sep 22, 2010 12:08pm
454 Views
Post# 17479125

We need News...

We need News...  Stock is looking for direction right now and needs a catalyst to get it moving. A news release is needed. Most recent private placement added some cash to the coffers, so it will be interesting to see how the company decides to put the funds to use. Needless to say, companies Burkina Faso project  is the main reason for the stocks rise from pennies to its current plateau. Although profit taking seems like the proper move, I think I'm going to wait this one out for now. News could happen at any time and if your out...your out. Trade for pennies at your own peril, this stock has plenty of room to move over the coming months.

  May future endeavors bring riches beyond your wildest dreams

  MrCashflow
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