CTN 0.00% 0.3¢ catalina resources ltd

Ann: Air core re-splits reveal assays exceeding 1% TREO at Dundas, page-24

  1. 2,073 Posts.
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    There may be some history here hanging over this stock which I'm not aware of but considering the markets reaction to nearby LRV's 'bonanza', and that the 1m hit here has more Nd than LRV's 1m hit with NdPr combined, I would say holders are pretty unlucky here.

    There really is a lesson in marketing, some do it well, and some expect the average punter to understand rare earths. The average punter is more like to throw their $$ at a headline which contains the word 'bonanza' and big numbers (~12,000ppm) than they are to this headline where the hit was 1.78% (17800ppm).

    This isn't to trash LRV in anyway, but I think it could explain why this ended 20% down. On the whole there are a handful of good numbers there and not too far off here (assuming ionic clays - which 99% of these are not).
    Last edited by Paul7890: 03/05/23
 
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