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Share price on the rise and sweaty sock selling, I see cup and handle on the chart and ready for price correction, switching off and will drop by again in a month, holding for gold, who cares what day traders do.
What a joke, I offer a honest sensible opinion on here with a positive element of hope for copl future and get ridicule for it off the child like bloggers on here, time for you to grow up and not carry on like a child in the play ground.
Just an opinion and nothing more, I’m more interested in KPI now with copl, the current share price is irrelevant, I’m more interested in what the share price could be this time next year and what the production figures will be a year from now rather than this time next week.
I have already warned people that this could fall close to the penny when I predicted a possibility of around 1.19 but think this just a possibility and could just as easily spike on more positive news from here onwards.
I understand why investors are so frustrated with the latest deal regarding the 2.6p conversion and could see the strong short position prior to the deal taking place but unfortunately copl had no other option but to accept it to move on with progress and raid production figures, if they can drastically improve KPI the joint venture will be the next move.
Time for copl to prove their financial position, if by using injected natural gas liquid they can get to a position whereby they are producing above 2000 BPD by the end of the year I would say they are on the right path for recovery and would be in a good position to complete the joint venture deal.