Can CAI be a Take Over target??, page-6

I think 4 things can help CAI in the near term

1. Falling AUD means gold price in AUD will keep rising
2. Resource upgrade will happen and 1mil Oz plus will occur. Massive expected ongoing news flows and the beaten up sp of of current 3c means it could at least go more than 6c in the medium term easily on good news and fear.
3. At the sniff of a financial market turmoil as US equities are hitting all time highs on a regular basis i.e. 18 times in 2018 and Bond market carnage with yields rising like hell can easily bring Safe Haven Gold to the fore front and then FOMO kicks in as has been shown gillian times.
4. Potential T/O by an overseas or local entity.

So personally risk is very minimal here in the short to medium term. When the sp jumps it will be very quick. I reckon Gold has great days ahead from this point.