CNB 0.88% 56.5¢ carnaby resources limited

Ann: Mount Hope Discovery - 37m @ approx. 5% Copper, page-42

  1. 2,895 Posts.
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    What makes you so sure its a blocking order
    We heard a lot about the blocking or capping order at 94 which sat there for ages it sat there even when it had been nibbled at and there was time to remove it.More likely they had the patience to wait a week or 2 until their price came up
    Sometimes these things are just plain selling.
    No one ever went broke making a profit and if you bought at 10c the temptation could be huge
    Be interesting to see where this settles down today Could be anywhere between 95 and $1 and then may drift all the way back to 90 in the next week or so Holders shouldnt worry too much about this .Sooner or later we will have a Jorc and see a sustained increase. My guess is Mt Hope Central on its own is worth over 30000 tns copper at a true width of 45 m average


 
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