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1.30% 7.8¢ canyon resources limited

Ann: Minim Martap Mineral Resource Estimate Upgrade, page-89

  1. grahod
    6,012 Posts.
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    24/05/21
    12:33
    Post #: 53372484

    Mid 2018 Canyon released a timeline to development. They have been right on track and that’s a bad performance??

    .. and if you’re making reference to the share price you’re right off the mark there as well.

    Canyon is a speculative company and the obligation is to develop assets into a revenue stream. Until that happens markets cannot determine an accurate valuation taking into account revenue is the main metric used by the markets to calculate if a price is under or over valued.
    Last edited by grahod: 24/05/21
    CAY Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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7.8¢ 		Change
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