Cypress Development Corp.

Welcome To The Cypress Development HUB On AGORACOM Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Re: Today's volume

almost 15 years ago

in response to Bru4orr's message

Bru...

Very strange trading yesterday. There is no logical explanation as to why the price would increase as it did. I can tell you that I took advantage to clear out of CYP for now as I believe that tax loss selling will take it down around $.10 to $.12. If it does, I will look to buy a few to ride back up to the $.20 area.

I'll keep an eye on drilling progress but if they do break for a 4 week period I can see that enhancing the selling pressure.

Good luck to all. There are lots of other opportunities out there to recoup some losses and I may see you back in 2010. I still believe in the property but as we all know, poor execution has plagued our investment for a couple of years now.

Regards

Chipshot2