CNB (ASX) CNB Summary and Why Its So Undervalued

@Elite_Trader

Great Post as always And although you only post once per month, each of you posts make all the hairs on arms stand up hehehe...

"Not ideal to see CNB trading back around 20cents but at the same time its an absolute gift for those who still believe in the company & gives us believers time to buy some cheap heavily discounted shares"

This is indeed a GOD Given gift to snap up all the cheapies that I am able to afford (donations welcome)

I truly never thought I would see the day when the market would drag us down back to these levels, but in a way, very thankful

And yes 100%, Rob and team saw value at 30 cents (which is still damn cheap IMO) ...

Correct me if I am wrong, but not many ASX have management teams which own the majority of the top 20?

They own more shares in CNB than Anybody Else !!, Our Management +++ have added extra 1.5 Mil (at spp price of 30 cents - with their own money!!), and other top 20's have also topped up (just see latest top 20 - I won't post it here to avoid clogging the thread hehe)... And our management still the TOP 3 shareholders holding a collective (Watkins / Bowler / Barrett) 13, 888,836 shares in CNB (11.81%) of the company (excluding options etc...)

When Management are the TOP 3 Shareholders in a company, THIS SAYS IT ALL

"Anyone doubting CNB at current prices should go back & read previous company announcements & also some of the legendary great posts shared on HC to just remind themselves of the potential here"

Calm down Cari, Calm down Cari .... for those who have forgotten the POTENTIAL of CNB, feel free to re-read a summary of CNB that I created (WHY CNB IS STILL UNDERVALUED JAN 17 2021.pdf) ... SOOO much potential, my body literally shakes!!

"Find me another spec Gold/copper company that comes close to the potential of CNB with a MC of just $25million I highly doubt you’ll be able to" -

Sorry Elite, I failed your challenge I was unable to find EVEN ONE with the potential of CNB at such a ridiculous CHEAP MC!! (I tried, but couldn't find any - please forgive me) ehehe

Some people on here probably think I am crazy (and that's ok), but I know cheap when I see it... Even when I was buying at 30 c + I considered it very undervalued .... Now 21 cents ? God really does give us a second chance

I wont repost everything I tend to do 'on occassion' - but seriously, read the PDF.... DYOR ...!! Anyone will be able to see that with CNB's potential, we are currently wayyy undervalued and theinsto's / pro's or whatever you would like to call them are LOVIN it

1. All the cash in the bank to fund drilling campaigns for a long time to come!!!
2. Top 20 NOT SELLING!!!
3. Management own MORE of the company than anyone else!!!
4. Management saw value topping up at 30 cents!!!
5. Our Tick Hill mine!!
6. Second Drilling Campaign starting NOW at Strelley...
7... Our Copper assets
8. and our thousands KM2 yet to drilled (very highly prospective land tenemenant0 - And the Management just KEEP ON adding to our land holdings!!!

So yes, we may dip to 16-17, but LAST CHANCE!!!

If I may also add, there is a bit of buying happening in recent days (I wonder why) ... I am guessing top 20 holders topping up at a price they see as rediculously cheap!!... (And all of us HC-onians who see true value when it stares them in the face)...

Thanks Elite, Great to see you still around