Club Mulgoa

Saturday, September 01, 2012

CTP

There was a recent write-up in the papers with a small paragraph given to CTP.... but a highly significant one.  I hope it is right!  The truth is you can only correct if the exploration turns out successful.  And in the short term, the share price can yo-yo depending on what announcements it make.  The farming-in of a big boy will always lead to a jump because of premium paid for.... and the reflection of the confidence in the 'truth' of the hype.  I am close to 40% profit with CTP but this could easily be reversed with empty drilling results.  Stock market is about calculated gamble with the odds much better than Lotto or other legal gambling venues.

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