SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Campbell Resources (CCH) -- Ignore unavailable to you. Want to Upgrade?


To: Follies who wrote (208)3/10/2001 11:21:43 AM
From: GTC Trader  Respond to of 209
 
I don't know much about the company, but my TC2000 chart shows a serious change of character in the middle of 12/00 between the two bottoms at 25 cents.

Had I looked at this chart on New Year's Eve, give or take a week, I would have been buying it hand over fist right before it doubled in less than a month.

Buying has apparently slowed down considerably since mid 2/01, so it does not look like a convincing buy to me based on the TC2000 chart, but IF this bull market in gold is real, then the chart can change in an instant and CCH has lots of headroom! I see little resistance between here and $1.50. A 90 cent gain would equate to a 150% profit. Not too shabby!

If this is NOT a real gold bull market, then the question is whether or not support at 50 cents will hold.

As far as management, something got people interested in the stock last December. Was it a false hope or a glimpse of the future. Time will tell.

Best wishes - HB