Post by
Herviov on Jun 28, 2012 10:07am
All quiet on the CQX front...
Hi fellas,
Given that the results have yet to be announced, in the meantime, let's discuss about the potential forthcoming behaviour of our favorite stock.
Those of you who witnessed what happened in the weeks following the initial realease concerning the Goldstrike property might remember that, once the initial run up quieted down, every time that the SP tested the low thirties a flood of profit takers stepped in and drove the SP down to the high 20s all the way to 25 26 cents. It even occured recently during the little outburst of enthousiasm of early june.
I know that the consensus on this board is rather bullish, but what kind of impact do you think those lurking in the mid thirties, whom are rather numerous, will have on the SP assuming fairly positive drill results?