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clock Created with Sketch. 08/09/23
19:50
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Originally posted by Giovanni33:
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From a fundamental perspective I like to look at it this way. Since this is a speculative stock by nature and we can't put any hard valuations on it until assays come back and we have some hard evidence on what's in the ground, it must go by psychological sentiment. After proof comes back that sets a floor beneath this psychological sentiment.
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Let’s put the CW project aside………have a look at RNU. Their flagship deposit is graphite currently at 16.8 mt @ 8.2 TGC. Now compare graphite bull & we have 4mt @ 16:2 TGC. We were also advised that number will be just the tip of the iceberg. RNU has an MC of 360 mil & I’m guessing that GB will be again the product of choice! We are still undervalued on potential alone.
(20min delay)
