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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

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From: PaperPerson3/15/2012 5:41:47 PM
   of 4690
 
i think crj.to is a steal here.

i admit that the daily chart does look pitiful!

daily chart:

stockcharts.com

i take some comfort from the weekly chart, which shows the on-balance- volume has held up despite the sickening drop in the stock price. the rise in on-balance=volume suggests quiet accumulation is occurring.

weekly chart:

stockcharts.com

right now the market cap is just under $200 million. it got up to roughly double that a year ago.

since then, the stock has been penalized on bad earnings performance, which is a justifiable downgrade. it has also been penalized unjustly for buying out st. eugene's interest in amisk. maybe somebody else knows more about why the stock is down and could share it?
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