CGG - Citadel Resource Group

rhyslivs said:

This stock got a tip in a certain small cap investigation newsletter which explains the volume spike experienced the other day. Fortunately for the larger than typically recommended market cap the price didnt spike as badly as a lot of their other tips do.

This should be bring some welcome new interest for this stock.

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Buckfont said:

If this is any help kennas, I believe it was Australian Small Cap Investigator, and I guess that for a 900m mc company it may lie outside the small cap. range.
I hold some and as with centamin i made money and if the political systems are kept under control in this neck of the woods, which in itself is a big if and the copper inventories are at a squeeze at the mo, there may be some upside as the the chart appears, but I`m no T/A. Hope this helps and look forward to your input.

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kennas said:

Takeover from EQN. Probably not as good a value for long term holders I feel. Once into production they could have claimed a much higher MC perhaps. Or, if they stuffed up the transition could have been untidy I suppose...

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