Well that depends? Let's hope they move the Cerro del Gallo mine forward. I have seen all kinds of valuations but until the next steps are completed we go nowhere. The market does not believe CJO can deliver the mine to shareholders. Until this is dispelled it's tough to see a move up of any strength?
BUT if directors can show they can deliver then it's up and away. A definite re-valuation should occur if the market see's a transition from explorer to producer. I would suggest 50 cents would not be out of reach if/when this happens.
CJO Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held