I believe the time has come for investors to decide if they really believe in this project and the teams ability to deliver. The current price offers those speculators an out at a handsome multiple. The current price also offers newcomers who believe in the project many multiples should it get up and running. There is no doubt the project could be producing in 2018 so returns could be in the short term.
I believe today will flush out weak hands and the price will fall back a little before heading north again. Those large investors have taken their position now at around 5 cents and will look at averaging down as those nervous investors sell out below 5 cents.
If TS and gang can land an OT agreement and funding deal of substance to carry this project through to production then look to the skies my fellow investors as that is where the price will end up.
Very large upside v’s moderate downside
Reward vs risk
If you believe hold tight and be brave
If not now is your time to exit
Either way-all the best
GLTAH
Happy Friday
CFE Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
