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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Rocket Red who wrote (31268)1/30/2007 1:07:10 AM
From: zoo york  Read Replies (1) of 78411
 
Hi RR!

CBI took me completely by surprise today. The rebound was impressive considering that most of the sector was pretty weak. After the selling on Friday, I thought the stock may consolidate a bit before the next run. It comes down to such a tight float. There just are not many shares to be had at any price so if you have a buying surge, then the stock will keep on running. Over 3 million shares traded today, so in just over a week we have seen more than half of the entire issued share capital change hands. I think on that basis that this is more than just a tradeable rally. A lot of my friends bought that one below 20 cents, so I am very happy.

cheers!

COACH247
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