CPM early chip assays are definitely amazing plus CNB discovery confirms that there is a lot of copper and gold in the ground. CPM got one of the largest tenements in Mt Isa. Since listing total shares have been traded about 12.5 million which is about 46% of the total float. Means good churn and all the flippers are gone. I have got updated Top20 and some of the flippers are gone or have reduced their holdings that they are not appearing in the top 20 anymore.
The chart is confirming same that it had broken the downward trend, needs volume and I am pretty sure it will rip in any good news from the tenement.
All IMO DYOR.
Not that I believe in Morningstar valuation but they are currently valuing CPM at 36c LOL
27 million float 12.5 million traded so far and I am sure they are going into strong hands, I am sure there are few d##kheads day traders spoils the SP movement.
Add to My Watchlist
What is My Watchlist?
