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Strategies & Market Trends : Ride the Tiger with CD
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To: dara who wrote (302561)1/31/2024 12:17:13 PM
From: ogi1 Recommendation

Recommended By
dara

   of 313148
 
This too shall pass :) Not sure what happens with Big short term, long term this is discovery. What we know so far is there is an enormous sq kms mineralized footprint. Copper Moly porphyry has been hit but only to the outer halo, some great grade but mostly marginal. Basically we know they have a discovery but we won't see assays from new 2024 holes til June? Meanwhile, the area is being staked up by majors and we are awaiting a 3d IP survey that the CEO has not released as he does not want to help competitors in their staking efforts. Not sure I have ever seen an IP survey drive a stock's price up but this one has that potential. There are still several copper holes to be reported of which there is very little expectation and they are likely to be shorter intercepts at the marginal grades. Will that produce a swoon? There are also shallow silver holes yet to come but the CEO is on record as saying the silver is out of the equation now and its all about the copper. So can Big stay Big until June? Maybe, the last month's consolidation between .70 and .90 before the breakout looks very powerful so I would not bet against these new interim highs. I would try to have some ammo around to buy the dips, June is a long way away or just a blip depending on your individual viewpoint.
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