CWX 0.00% 11.0¢ carawine resources limited

Ann: New Gold Zone Discovered at Hill 800, page-9

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  1. 236 Posts.
    lightbulb Created with Sketch. 13
    Along with others I also saw this as a positive announcement. More gold zones discovered, how can that be a negative? Quite the opposite!!
    The sell down was on very low volume and while I haven't checked, the volume suggests it may have only been one seller that sold down to 12c (can someone verify that?). Hitting 12c though had the effect of bringing buyers in, to the point where it finished the day at 15c.
    I'm very content to continue to hold and will consider buying more also as I can only see this announcement as positive and potentially adding more ounces to their resource once drilled out.
 
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