CMM capricorn metals ltd
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Ann: Gold Reserves Increase 35% to 1.2 Million Ounces, page-2

  1. speculator101
    12,654 Posts.
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    17/04/20
    10:10
    Post #: 44094631
    Well done to all holders.
    I cannot deny its a solid announcement.
    Increased reserves, reduced overall strip ratio.
    Longer mine life.

    All you could really ask for.

    RRL must be kicking themselves (myself included I suppose).

    Anyway, whislt I still think the company is overvalued compared to the few peers that exist, it will likely trade at a premium due to the long mine life.

    Not sure if it could be seen as a corporate take over target, but only due to the high market cap.

    Trying to be balanced rolleyes.png
    CMM Price at posting: $1.33 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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$9.79 		Change
0.020(0.20%) 		Mkt cap ! $4.221B
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