Canadian Stock Alerts Update:
CYPRESS DEVELOPMENT CORP - CYP.V @ .145 on 1.8 million shares traded
CYP had this headline this morning "Cypress & Skyharbour Provide Drilling Update on Broulan Reef Bruce Channel / Red Lake Gold Project" the news was not received well and the stock pulled all the way back to .145 where it sits now. CYP has been the the .20's since early September. So is this an over reaction and a Friday selloff? We've seen it many times before. So the question one asks has to be "did I like the story enough when it was in the 20's to now consider it a buying opportunity, seeing today's news release as only a temporary thing" ..
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Friday, November 13, 2009
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