Channel Resources Ltd V.CHU

Conundrum

[mr_speedway]

I've seen worse results in other companies with a drop of only a few pennies.
There's got to be more going on than just profit taking.

MR_S

[sharmouth]

Been watching this company for a while and bought some yesterday @.21, a steal in my opinion. the results were quite positive IMO. Very surprised at the selling.  This will bounce back to .30 over the next few sessions. Company has a great property and exploration is set to continue.

[ds760]

January has been a horrible month for lots of junior and large gold stocks. Regardless what's happening with this company general market sentiment will effect it regardless. People that bought much lower sell to take some profits and always will on any news. Should they have sold higher sure but the market has been eroding the share price all month. Buy cheap and wait for a market bounce at

[BombVark]

There seems to be a large amount of "hot money" here. Lol, and yes it sounds to me like "patience thin" Speedway is some of it.

[Bpultra]

I've seen worse results in other companies with a drop of only a few pennies.There's got to be more going on than just profit taking.MR_S============Do they need money... a PP ?

[sharmouth]

Not likely. They just did a pp (which was over subscribed) and have plenty of cash to finish the current drill program. With a bit of volume, this should move up to the mid .20's to .30 range quite easily. Real quiet today though.