CXO Colorado Resources Message Board

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Gold/Mining/Energy : CXO Colorado Resources

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From: Rocket Red	5/9/2016 9:45:39 AM
	of 26

40,50,60 ,70 [[@anonymous]] CXO Colorado Resources since April 1 on aggressive accumulation producing total volume of 17 million shares (654,000 daily average). Anyone who states CXO will peak at 40 cents, 50 cents, 60 cents or even 70 cents in this market must believe in the Easter Bunny and the Tooth Fairy. 70 cents and $1.11. Mere speculation could be enough to get CXO to the 70-cent level not instantly, of course, but over the next month or two. Excellent drill results right off the bat could power this well beyond the $1 level. A discovery at Inel or elsewhere, and look out.Colorado jumped more than 10-fold in the spring of 2013 on a Gold-Copper porphyry discovery (North ROK) in a bad market. CXO has a resource there, but North ROK is nothing like the advanced and widespread targets that exist at KSP which is in a much more favorable geological setting.BMR ceo.ca

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