My personal feeling is this time of the year trying to make sense of the market and in particular the junior end , would drive you nuts.In fact I see this as a excellent opportunity to be buying the correct stocks with the correct fundamentals.
People do strange things at the EOFY.They did it last year and they will do it next year .
The fundamentals have not changed with CTM, yes there is a delay with Salobo West , so be it .
The drill results for the Itapitanga Nickel -Cobalt project , IMHO was outstanding , and the Company never said it was going to be on the scale of the Anglo's Jacare , yet I read posts that people are disappointed and its not a 300Mt deposit, are they serious ???
Lastly please read Mark Gordon Independent Research on CTM that was released in May and
is available on CTM website .
With the Grades we have at Itapitanga , our current MC is under valued big time when you compare to peer Companies in the junior sector. (Pages 17,18).Thats not ramping Thats the facts!!!
Again this does not take into to consideration the other areas of World Class Carajas Province CTM have strategically required .
Once we get through the June madness, I feel we will see a market that is priced fairly on valuations not short term madness and manipulation of SP .The facts are the facts !!!
Just My HO and thoughts , could be wrong???
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My personal feeling is this time of the year trying to make...
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $218.5M |
Open | High | Low | Value | Volume |
43.0¢ | 45.0¢ | 43.0¢ | $115.2K | 258.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.435 |
1 | 99996 | 0.430 |
2 | 102320 | 0.425 |
1 | 24000 | 0.415 |
5 | 61666 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 6351 | 1 |
0.485 | 11000 | 2 |
0.490 | 10000 | 1 |
0.500 | 14077 | 2 |
0.510 | 99946 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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