Replies to post #31 on Ceetop Inc. (fka CTOP)

[Lowjack]

With the amount of money the government will be printing next year you do not want to be in cash. That said this company has less than 500k in debt and the mine was operational at one time. I suggest you read the 10-Q carefully as they will need additional funding to continue opperations. The price of gold should continue to climb in the near term, so very low production could bring them back above even.

So to answere your question I would be buying this under $3. It moved up in price quickly because the current holders are not willling to sell down here. Also the higher the stock price the better the company will do when they need to raise capital.

[taraniterror]

I would put a BUY order in at .15. Maybe even .10 if you got the time. There was only 3 small buys at .25. Don't think this will be a screaming runner until they have some solid news of production / land analysis etc... ( Man, this feels like PCFG all over again ! Scary )