CGB 0.00% 2.1¢ cann global limited

Ann: Upgrade of Resource & Scoping Study, page-41

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  1. 2,476 Posts.
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    I have made the decision to not sell today at all, no matter what the SP does. This is a HOLD in my view. Why? Well for all of us that got in before the ann. there was considerable risk with not alot to show for it. Now we have a jorc compliant resource with a view to start a low capex, sought after resource mine 2015!! Yes, second half of next year! I see this as one of those shares that, all going well, could zoom up to 30-40c soon on environmental approvals. In my view, why would I want to sell now when I could not have hoped for a better ann. prior to the suspension? Some downrampers would not even be happy with a free mine with no capex, but I will take this ann. anyday for 2.7c. I know it's a cliche, but I actually think RR might be right. This could megaboom.
 
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