Good to see someone with some sense of realism here. I've seen too many here who think that great companies are characterised by share prices that can only go up. I remember CMM's share price was close to zero in 2008. If anyone at that time told me that this stock would be worth $0.56 in the first half of 2010, I would have put all my life savings into it.

Many were not too happy when I mentioned that based on TA a drop to $0.60 was likely, even without leaving the longer term bullish trend. That bullish trend is still there in the weekly chart, but very little is needed to change the picture.

Directional movement indicators tell me that the correction is not over and that we could be approaching a more serious correction. $0.45 seems to me to be the first support level and it remains to be seen whether this holds. those who buy around that level (imho) may be able to make some money if they take profit timely.

For those who worry about what's to come: once again - you're too close to your screen. Go to some good charting website and look at CMM's monthly chart over a five or ten year period. Watch the EMA-9 line closely, because this is where we may expect some support. This corresponds with earlier highs of end 2009. Once again, around $0.45 level.

Worst case scenario shows a pullback to $0.35 levels which would still leave the long term (monthly) trend intact. No worries because eventually, the market will realise again what a great company CMM is. Reserves don't lie.