Newb I am a contrarian at heart . I have been wanting to get exposure to PGE price rebound . With the project reworked , the stock is more leveraged to a price rebound . I am unlikely to be around for production , but given the size of the resource , if PGEs rerate so will CHN( aggressively IMO)
why I like CHN it has great liquidity. To be able to buy 370k shares and not move price within a couple or hrs is great as a pre development company - it has a window when it has limited risk while the core project is being reworked the drill bit may deliver a reasonable gold prospect it’s well funded for now . the way it’s moved historically, one can make 30-40% even in a moderate PGE price upswing
CHN Price at posting:
$1.12 Sentiment: Buy Disclosure: Held
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