I was looking at CHN last night. Ran to circa $300m MC and then consolidated for about 4 months at those levels.
During that time they raised $30m and got going on drilling. Nervous nellies sold, smart money kept buying until they had enough to make it worthwhile then Kaboom! I would expect something similar here post placement.
Subject to continued good drilling results over coming months the patient holders should clean up hopefully.
Ann: Quarterly Activities and Cashflow Report, page-18
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
