All for a balanced view but most of what you've said is just categorically wrong. The company spoke about mining or selling the tailings, it took time to negotiate but they did it and CNB got a capital injection.
They've included a drilling program for Tick Hill to further expand the resource and put them in a stronger negotiating position with counterparties. That information was only released recently, the likelihood that they will have a mining operation or a buyer in the space of days, not even weeks is a ridiculous proposition.
Any exploration company with significant tenements in key prospecting areas with enough in the bank to explore for 3 years even before they monetize Tick Hill is not a bit of a dud. I'd say you're just upset you could have sold when there was twice as much money in it for you and are just projecting your decision making regarding the stock. Was it worth the 57c it peaked at last year, probably not right now. Is it worth more than the 25.5c today, most definitely.
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Last
45.0¢ |
Change
0.035(8.43%) |
Mkt cap ! $77.37M |
Open | High | Low | Value | Volume |
43.5¢ | 46.0¢ | 43.0¢ | $89.71K | 203.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21666 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 8663 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20279 | 0.430 |
2 | 4242 | 0.415 |
2 | 13800 | 0.410 |
1 | 2500 | 0.405 |
4 | 52000 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 8663 | 1 |
0.460 | 3870 | 2 |
0.465 | 23600 | 2 |
0.470 | 38532 | 1 |
0.480 | 10826 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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