CGR 4.41% 35.5¢ cgn resources limited

I looked at WA1 March 2022 announcement and CGR March 2024...

  1. 370 Posts.
    lightbulb Created with Sketch. 309
    I looked at WA1 March 2022 announcement and CGR March 2024 announcement - they both relate to gravity targets and read very similar. WA1 identified the Luni target after this gravity survey.

    Can one of the four targets out of Surus, Tantor, Snorky and Horton be like Luni or even better?

    The EM survey results are due within the week!

    Investors need to look at the prospectively vs the market cap of CGR tenements. Lot of players around WA1 and yes they have made some discoveries and CGR could probably be the one to hit a good discovery like Luni.

    It is also very interesting that WA1 was listed at 20c too!


    On 20th March 2024, CGN MD said below about gravity targets.
    https://hotcopper.com.au/data/attachments/6060/6060128-74a050541e91c7a9eaa91490ff6d9f1e.jpg

    https://hotcopper.com.au/data/attachments/6060/6060163-289b77d901849b658fa9b62a3d1822fc.jpg



    On 10 March 2022, WA MD said the below about their gravity survey.

    https://hotcopper.com.au/data/attachments/6060/6060133-1249fe9402668f3d737ceebe169811e0.jpg

 
watchlist Created with Sketch. Add CGR (ASX) to my watchlist
(20min delay)
Last
35.5¢
Change
0.015(4.41%)
Mkt cap ! $32.22M
Open High Low Value Volume
34.5¢ 38.0¢ 34.0¢ $176.5K 487.0K

Buyers (Bids)

No. Vol. Price($)
1 5000 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 54259 2
View Market Depth
Last trade - 15.57pm 16/05/2024 (20 minute delay) ?
Last
35.5¢
  Change
0.015 ( 4.47 %)
Open High Low Volume
37.0¢ 37.5¢ 35.0¢ 343771
Last updated 15.57pm 16/05/2024 ?
CGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.