CAP 2.27% 4.3¢ carpentaria resources ltd

is cap a buy using ta?, page-31

  1. 55 Posts.
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    I have read all of the posts today and I applaud
    you all. There has been some common sense expressed
    that gives perspective for everyone. By that I mean
    short term, long term, current holders and potential
    holders. Obviously those of us who are holders at a
    higher price are hurting but none of the recent decline
    is anything to do with the fundamentals. DC may well
    be right, we may get to 20 cents but that will be an abberation in time to come. I sympathise with those
    who are traders and seek explanation for every bad day
    that CAP has but such is life in markets such as these.
    Things are likely to get worse before they get better
    and it could be some time before we get a true
    appreciation for the assets. I don't think there is
    much mgt can say or do that will turn this ship around
    in the short term. The market is not going to re-rate
    stocks like CAP until there is a huge improvement in
    broader sentiment.
    This cake is going to need a fair bit more baking time
    before we can ice it, it is not a good idea to keep
    opening the oven door to see if it is ready. When it is done it will be a ripper.
    Sorry for the bad analogy.

    TN
 
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