CGR 5.71% 18.5¢ cgn resources limited

Ann: Compelling Geophysical Survey Results Precede Drill Campaign, page-144

  1. 297 Posts.
    lightbulb Created with Sketch. 74
    If people knew that we'd all be laughing.

    Consider the following:
    • 6 target drilling program
    • Cash on hand a non-issue for now, management will pivot if certain discoveries are made which may requrie further capital.
    • Low shares on issue
    • Low market cap
    • Tight share register
    • Volume of late certainly on the rise

    Asking for a predicted share price is a dangerous strategy... find confidence in the company in your own way, hazard a guess based on the above and surrounding blocks and see if the risk profile matches. There's as much chance this goes belly up as appose to it flying... I support the later and hence am I holder.

    Risk it... biscuit and all that stuff - Happy Easter!
 
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