is cap a buy using ta?, page-14

What we are now seeing is what I like to refer to as dumb selling.

If you want to sell now, then you must think you can find a better opportunity elsewhere with your money. I'd like to hear from people who think so because for mine CAP offers two great investment opportunities with Hawsons and Hughenden.

Hotrock, if indeed this selling pressure is merely as a result of the EOFY, then we should see a bounce next month. I happen to believe that we should get three quite important pieces of news within the next 2-3 weeks.

1. Hughenden exploration target. When nose spoke to GUF a couple of weeks ago, they seemed confident that the news would be released prior to their GM on July 6.

2. Glen Isla assays. Drilling was completed in late May, so results should be due within the next week or so.

3. A bit of a wildcard here, but when I spoke to Nick last week and stressed shareholder's concerns in no uncertain terms, he hinted that we may have some form of 'project update' released amongst "other news" in the coming two weeks. That was one week ago.

Geez Hotrock, you must feel like you have found the proverbial pot of gold with the price that you can get into CAP right now!