85m of 80% Magnetite at Sortekap SODD001, page-61

If the results are very good which I am expecting, a market cap of 100-150 million would not be out of the question for CNJ, most spec mining stocks with good results which indicate potentially rich big or world class resource reach these levels in 1-2 days of trading. With further drilling supporting the scenario of a rich big resource, they can go much further and reach over a billion market cap, example in case is CHN with a market cap of 3 billion which has no mine but drilling confirming a rich big resource and also DEG with 2 billion cap.