CRI 20.0% 1.2¢ critica limited

hold onto your hats!!, page-37

  1. 2,238 Posts.
    lightbulb Created with Sketch. 24
    point taken millhouse.....however i have to put in a different view...to balance the argument...i believe this stock is undervalued with its location and tenements..yes we may not have the full details yet but we do have a resource...which many exploration companies dont and seem to have a similiar market cap. You can wait till the boxes are ticked but expect to pay a premium. I wont argue that a price back in the 40s is possible depending what happens in the world markets...if i would wait until a stock is low risk with a detailed proven commodity that can be delivered to market with proven resource base...i wouldnt make money with my stock trading style. I buy low to mid cap stocks with a resource and proving up to become a producer. Good luck trying to get back in.
    After seeing what can be done at olympic dam I believe a product can be produced by vms...regardless of how simple or complicated the process...miners are very resourcefull
    pete
 
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