CGM 0.00% 0.1¢ cougar metals nl

10-Bagger Coming Up?, page-82

  1. 58 Posts.
    All just a matter of your opinion there. (And mine ofcourse)

    Fact is there has been a tremendous amount of volume at 1c. The buy side at .9c is irrelevant. Where there's a seller there's a buyer.

    You will probably find very quickly that the assets CGM have are worth much more then the current 1c.

    In brief 14,690,000 tonnes JORC @ .9% Nickel and 0.06% Cobalt adjoining GME at the Pyke Hill project. Which equates to 8814 tonnes of Cobalt. GME capped at $43m for 80m tonnes of ore. Easy JV here.

    A highly prospective graphite project targeting 1,000,000 tonnes of high grade easy to process graphite with the mining licence already granted. Note that BSM.ASX has 223k tonnes of graphite in their resource and they are capped at $19m.

    Let alone Gold and Lithium.

    One can think that CGM does not deserve a price higher then 1c but I think plenty will disagree with you. Especially with imminent drilling.
    Last edited by BHennan: 13/04/17
 
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