My Best Recommendation For CPL Accumulators... Until better news is finally released, continue to accumulate at these lower levels. As there is no way to determine the shorter term goals or the exact motives of Copper Lake's managers, it would be best to let the share price fall, as low, as it can possibly go!
It's going to continue to drop until the largest of stink bids, finally get, all set up!
They will anticipate a great high volume sell off into their very cheap bids. This always happens when the of best bids, just dry up!
These are still difficult markets for many juniors explorers!
Sadly this process is already unfolding! There is obviously no present, good market for our shares.
The market is looking elsewhere where management has apparently performed much better!
But do expect that eventually, even the most inept and incompetent of managers, who happen to be sitting on a motherlode deposit, will not prevent the best of news, from finally getting out!
That is my hope for our future share price. And that is what the most knowledgeable of the stink bidders, also know!
Personally my initial bids were just a little higher than most of them. But everyone seeks a better foothold when value is so readily apparent!
The time to accumulate is now. If expediency dictates, even a roll back in share price, doesn't really destroy your share's value. It only raises its value to a better price point, where a cheaper private placement, may be made!
The value of your shares, still remains the same!
I am not yet sure about what kind of managers, we actually have.
Are they smart, dumb or just a little too naive?
But this apparent vacuum of share bids now represents a unique, second opportunity to accumulate shares, as cheaply, as you possibly can!
Make the most of your bids!
You may not get another opportunity like this again!
All the best! Java