TSXV:CAV.H - Post by User
Comment by
mining_pays_my_billson Oct 10, 2014 12:06am
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Post# 23017237
RE:Great news holy shiatsu
RE:Great news holy shiatsu Unfofortunately the market hasn't really got excited about BAJ good news for a long time- there was that rally in Jan from 0.005 to 7 cents but since then theres been a lot of good news, and the share price hasnt gone up by more than 1.5 or 2 cents on any single news release. What we're waiting for is the news release that says 'its up and running.' This is not it, this is a news release that says 'we hope to have it up and running by such and such a date.' Weve heard that before. Theres an element of uncertainty in that news release, for that reason I think the stock will go to 5 cents maybe 5.5 and then there'll be a mass profit taking and itll settle in the 4.5 cent range next week. UNTIL we get confirmation that the copper circuit is up and running and we have cashflow then we''ll make real strides. I'm all for BAJ, but I just dont think this news release will provide sustainable support to a share price above 5 cents. People are jaded by this stock and it can't hold its own on promises anymore, people want results. We'll get there guys. I hope I'm wrong about this, but thats my prediction.