Australia's largest stock trading and investment forum Australia's #1 stock forum

CNB

Click for more information

4.42%

54.0¢ carnaby resources limited

Ann: Spectacular Copper Discovery - Greater Duchess Project, page-121

First 121 Last

Share
Profile

Follow
BenjaminBond

1,146 Posts.

289

17/12/21

21:36

Post #: 58378415
Share

Originally posted by GeoFiji: ↑

My view is that this a significant discovery. I have no intention of selling. With confirmation of one of the IP anomalies being due to copper sulphides and given the thick intersections already with some very high grade intersections to come this could go anywhere. My view of the 251-275m zone announced today was 24m@10% Cu but parts of it will be higher. The nature of the IP anomaly means that more spectacular high grade semi-massive sulphides will be expected and more of the long 1% Cu intersections surrounding it. The large IP beneath the Duchess mine adds extra interest now.

I understand people selling out to take profits. If your personal circumstances require it then so be it. I think the re-rating has not yet begun. With everything this company offers I think it should be in the 70-80 cent per share range at present. The upside potential from there is substantial. This is still a buy and I think will reward those that can buy or hold for the rewards of 2022.

Not investment advice. Investment decisions must match your personal circumstances and risk profile. DYOR.

Expand

Thanks GeoFiji.

I'm not hugely familiar with Copper hits.

What does an economic hit look like, anything north of 1%?

So 10% is like hitting 10g of AU?

CNB Price at posting: 45.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Bitcoin investors need to know the risks

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

GBR

Great Boulder lines up two new WA gold targets, extends Side Well mineralisation to 18km

AS1

Asara Resources sells off Burkina Faso assets to pivot into Guinea – for US$13M less than last time it tried

There are more pages in this discussion • 106 more messages in this thread...

First 121 Last

Add CNB (ASX) to my watchlist

(20min delay)
Last 54.0¢		Change -0.025(4.42%)		Mkt cap ! $98.00M

Open	High	Low	Value	Volume
56.5¢	57.0¢	54.0¢	$54.30K	96.93K

Buyers (Bids)

No.	Vol.	Price($)
3	34135	54.0¢

Sellers (Offers)

Price($)	Vol.	No.
55.5¢	3980	3

View Market Depth

No.	Vol.	Price($)
3	34135	0.540
1	2000	0.530
1	7400	0.520
1	10000	0.510
3	3100	0.500

Price($)	Vol.	No.
0.555	3980	3
0.565	4700	1
0.570	1645	2
0.575	12145	2
0.585	35000	1

Last trade - 11.04am 15/07/2024 (20 minute delay)

CNB (ASX) Chart