CJO 0.00% 13.0¢ cerro resources nl

price support, page-3

  1. 175 Posts.
    Maybe you are right Bolkin when you refer to the purchasers being fund managers.
    I would expect there would be a lot of chatter in the chat rooms like hot copper after the kind of move like we had for the last 2 days. But it is real quite as we can see here. Perhaps those day traders, swing traders and other short term traders or breakout traders are not participating in this run because they had been burned before. Otherwise one would have expect at least some chatter like most other goldies I hold which has lots of chatter after this kind of share price movement.

    If you are right Bolkin then it is likely that those buying in the last month or so are long term holders; then the share price will have much further and longer to run.

    Cheers
 
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