My view is that this a significant discovery. I have no intention of selling. With confirmation of one of the IP anomalies being due to copper sulphides and given the thick intersections already with some very high grade intersections to come this could go anywhere. My view of the 251-275m zone announced today was 24m@10% Cu but parts of it will be higher. The nature of the IP anomaly means that more spectacular high grade semi-massive sulphides will be expected and more of the long 1% Cu intersections surrounding it. The large IP beneath the Duchess mine adds extra interest now.
I understand people selling out to take profits. If your personal circumstances require it then so be it. I think the re-rating has not yet begun. With everything this company offers I think it should be in the 70-80 cent per share range at present. The upside potential from there is substantial. This is still a buy and I think will reward those that can buy or hold for the rewards of 2022.
Not investment advice. Investment decisions must match your personal circumstances and risk profile. DYOR.
- Forums
- ASX - By Stock
- CNB
- Ann: Spectacular Copper Discovery - Greater Duchess Project
Ann: Spectacular Copper Discovery - Greater Duchess Project, page-115
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
|
|||||
Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $82.53M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 45.5¢ | $467.2K | 986.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43099 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43099 | 0.470 |
1 | 20000 | 0.465 |
2 | 20436 | 0.460 |
3 | 16728 | 0.450 |
1 | 22471 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 40000 | 1 |
0.500 | 19270 | 3 |
0.520 | 1000 | 1 |
0.555 | 1000 | 1 |
0.560 | 19295 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online