CNJ 0.00% 0.1¢ conico ltd

CNJ near term news

  1. 9,854 Posts.
    lightbulb Created with Sketch. 1952
    Hey guys,

    This unfortunately are donkeys running out with the sheep and people on hotcopper scaring the crap out of investors. People have sold a company with 7 million in cash in the bank and market cap 23 million. Heavily oversold and RSI tells you this. This will return back to 3.6 cents in coming 2 weeks. Why? Because of the below:


    “With a further seven holes planned as part of the aggressive Phase I drill campaign, we look forward to testing the majority of the prospective strike horizon at Mt Thirsty within next four weeks.”

    ”The confirmed presence of PGE mineralisation within the tenement, over 450m from the Callisto discovery suggests the prospectivity for future PGE discoveries remains.Thickening was observed in the sediments to the south in holes MTRC0011AD (38m) and MTRC005D (49m). This thickening is interpreted to be a key control on mineralisation, being the source of both sulphur and fluid which may facilitate the local enrichment of PGE mineralisation.Both MTRC0011AD and MTRC005D have been logged, cut, sampled, and submitted to the laboratory with assays expected within 4 weeks”

    There are more drillings and management have identified where next. A lot of announcements and news flow coming up newer term and this will rebound aggressively. donkey selling



 
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