I'm guessing your comment was tongue-in-cheek? Though you have a Sell sentiment and Not Held, so perhaps not.
LEX had one hole with strong gold mineralisation, and it took them a few months of drilling to prove that there was no meaningful continuity. Hence the share price pumped and dumped in a fairly short time (about 5 months from start to finish).
CNB have already proven they've got fields of copper, at shallow depth, strong continuity, open in multiple directions and plenty of unexplored potential across their footprint. The question is really 'how much' and 'what grade'. My observation is the market has become a little impatient whilst they drill the hell out of this thing to answer these questions, and we have been caught up in the wider market selloff too of course.
But no resemblance to LEX in my opinion.
Cheers, Dingo.
CNB Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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