This teddy bear is very likeable.
No, as an HMX shareholder I am not envious. I think it takes a certain amount of guts to invest in an explorer. In general and also for specific reasons.
In retrospect we are all smarter and calculate what we have missed out on. Yes, in fact, missed profits hurt more than losses suffered. This is also called behavioural finance.
If you had invested USD 100 in Bitcoin 14 years ago or so, you would now have 4.3 million. If I had known, I would of course have invested at least USD 100k and would now have 4.3 billion in my account. Which would be very comfortable - somehow. And in fact, at the time, some crazy friend of mine advised me to invest USD 5,000 in Bitcoin just for fun. Well, I didn't do that and neither did he - and let's be honest, who wouldn't have realised the profit on a value of 50 or 100k? Yes, the famous crystal ball that works - who wouldn't like to have that on his desk?
Well, I don't hold any CNB shares and wouldn't have any liquidity to buy any at the moment - that's why I didn't give a "sentiment". However, I have to admit that the way things are going, I think that in 12 months the SP will be higher than it is today. If the drilling results continue to be as good as they are and the story thickens further, I see no reason why the market cap should not go towards 500m. PS. This is not a buy recommendation.
On the other hand, if I were one of the early birds in CNB, I would consider realising a small part of the profits at higher prices - not necessarily today or at the current level - seems too early to me - but that is also not a recommendation - I just know that the higher and the faster a share rises, the greater the reaction to possibly not so good news.
Or the other way round. A tenfold increase from this level is not as easy as with a starting base of a few cents.....some weeks ago.
So I'll stick with my HMX and see what happens. After all, CNB and HMX somehow and more or less share the same area with roughly similar geological conditions.
If HMX increases tenfold, I'll post a Teddy Bear here too.
I wish you all good luck and lots of profit!
DYOR
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