re: Ann: CARBINE HITS VERY HIGH GRADE ZONES A...
Torpedo, I've been thinking the same but haven't pulled the trigger just yet.
CRB has been overlooked by the market, ATM. It's market cap of $24m is an absolute bargain, IMO, but could go even lower while global markets meltdown. Recently converted gold bugs have focused on current and soon to be producers, and those are likely to see the most short term share price appreciation.
I've got ~90% of my holdings in precious metals producers, with CRB as my only explorer. At some point in this bull market the play will be to get out of producers and into explorers.
When market focus turns to junior explorers like CRB, it will shoot the lights out. By then we will have a maiden JORC, amenable to quick start-up open pit mining, and mile after mile of exploration upside.
I thought CRB was cheap at 40c, so you can guess my sentiment.
CRB Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
