If you've been watching CRO for the last month you know .40 cents represents the current level institutions are selling at. There is definately alot of selling going on right now from the .15-.20 cent earlier private placements.
It should be over soon and onward and upward we go. Without the selling i figure we'd be at .70 cents plus, however, in this market, institutions are taking profit if its there. Because CRO had a great year, we have to expect selling.
This gives us retail folk an opportunity to get in at the .35 cent level and get ready for things to come. There has been ALOT of chatter regarding the fall of 08' as being the point at which we will see a strong junior sector. Many of the Mining analysts and Newsletter folk are keeping to this timing. I was hoping for a run in May, which still could happen but if not the Fall should give us something to hold on for.
If your here you are watching a great company and will be rewarded. May or Fall. Key is to find the great juniors and take a position early and/or cheap and hold for 6 months before making any decisions, especially impatience.
GLTA
CRO's a beauty!!
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