Because the company has under performed in last 2-3 years , many holders lost hope and have sold out. I think those holding now are long termers who have confidence in the projects, so they will not sell at this price , so I think supply will be very less.
If and when the news comes that confirms that mine will get green signal from the authorities, I dont think this will be valued at anything less than 50m.
Only IMHO.
CTN Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
