CGR 2.56% 7.6¢ cgn resources limited

Ann: Webb Project Drilling Update, page-4

  1. 11,851 Posts.
    lightbulb Created with Sketch. 4891
    Whenever I see the words ´encouraging’ in the wording I am always uncertain because generally it’s not a good sign. If management were really excited and confident they would have a headline ´known Nb-REE hosting lithology intersected’ or ´IOCG style lithology intersected’ etc. The geology is a bit of a mixed bag so they are probably confused themselves. Generally carbonate is a good sign but they are only small veins within another host rock so something to be weary about. Kimberlite intersections are positive for diamonds though. At the end of the day the assays will do the talking but for now I am not overly confident based on what was said.
    Last edited by coto: 24/06/24
 
watchlist Created with Sketch. Add CGR (ASX) to my watchlist
(20min delay)
Last
7.6¢
Change
-0.002(2.56%)
Mkt cap ! $6.899M
Open High Low Value Volume
7.8¢ 7.8¢ 7.6¢ $3.418K 44.47K

Buyers (Bids)

No. Vol. Price($)
1 11316 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 31153 1
View Market Depth
Last trade - 15.24pm 17/09/2024 (20 minute delay) ?
CGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.