new leg up?, page-11

Can someone tell me why CEO has such a high market cap ? I don't wish to downramp but it seems to me that the MC is way too high for a co. without a deal . There are other coal juniors with early projects already announced and a much smaller cap , in fact there are many microcaps with resources and drilling projects on the go ( all sorts of resources ) and their MC is still below this .

I realise that Trinity will likely provide a decent deal but when they announce a deal I think it is likely to be alongside a CR which will be nowhere near 3/3.5c .

I feel this is a Hot Copper inspired share price and as such some will be burnt when the CR price is set . After all CEO have nothing yet . Sentiment counts for a lot , I know , but there wont be much sentiment when the sophs line up for their cheap entry .

Happy to be educated with reasoned argument .