whether its manipulation a Large holder offloading, the work of god or people clicking the sell button when they meant to click the buy... It doesnt matter.
What matters now is that CCC is at 5cps.
Do you think CCC is a good buy/hold/sell at 5cps?
Why?
What do you see as the catalysts for the company to value add to its assets? (remember it can only value add the assets, it cant directly affect the SP)
What are the downside risks?
Is the company in dire financial stress?
Most people on this forum wont have asked themselves any of these questions.
A lot of people here are making their 'logic' suit their emotional state. If they are sitting on a loss, theyll be negative to the company
All I know is that Penumbra financing is just around the corner DWC BFS should be completed soon and botswana drilling should begin soon.
IMO all a mining company should be doing is continually value adding to their current assets. After a while, the differentiation between 'price' and 'value' will get too great and buying will occur.
Share price might drop to 3 before that happens or this might be the floor, I dont know and have enough shares AND enough powder dry that I'm happy to find out.
CCC Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
