All I know is the gold stocks are on FIRE.
Many up 5-20% in just 1 day on Friday!
Codan isn't a miner but, it's gold related and it's just a matter of time before the market jumps on Codan looking for any value in the sector. I see more 5-10% jumps in Codan's stock price.
Plus, Gold is higher and that make the decision to buy a GPZ7000 a easier one.
If Gold gets to $1,400+ you're going to see a massive jump in GPZ sales.
CDA Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held