CRB 0.00% 0.4¢ carbine resources limited

Ann: Carbine Hits up to 3.4g/t Gold at Mount Morgan-CRB.AX, page-104

  1. 2,160 Posts.
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    I wish they has at least fully filled my order there. Now is seems a little left behind.

    The tide pushed us up today (on small volume) but I think until we get institutional support we may stay under the radar?

    RMS - this is from the latest broker research on RMS @snakepitt for the years 2015-18. Look at the cashflow at the bottom! and this valuation had a buy of 51c or $240M MC.

    They obvious don't value a gold stock on a cashflow or profit multiple! - And that may be our problem, well that and the foreign concept label (taillings / pyrite).


    Capture.JPG source: RMS May 2016 Broker report
 
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