Creso Exploration Inc CRXEF

Interesting day

[fairchij]

So CXT bounced off of .57 twice today. Their is no doubt this stock is being daytraded. But as most people know this company has a few big investors in at much higher prices and we have seen some insider buying during this pullback. Of course a lot of selling has taken place with much of it influenced by the overhang but that gives us little guys an opportunity to buy cheap shares in my opinion.

This company backed by these larger significant investors are very serious about exploring this land package which has seen no modern exploration. I don't know if you guys have watched the video's of the staking rush that took place when these lands became available but they are actually quite entertaining.

When you consider buying into this company it should not be for the next drill hole. It should be because this is a unique situation. There are gold deposits on these properties, Minto proves this. I see the website is in the process of being updated with links to  NI 43-101 technical reports on these properties. The question is of course whether they will find some really big one(s). Even small deposits in the .5 to 1 million ounce range will make this company profitable. I am sure the big investors know this. What I am saying is don't confuse the market activities taking place with how this company is developing these valuable properties. I have a very large position and I have been around long enough to know what a pump and dump looks like. This is not that kind of situation at all. I fully expect this company to find and define a lot of gold. They are focused and are doing it right with the best geophysical technologies available.