The thing is CPO was trading at 12 cents, and then sold all the way down to 4 cents based on results from one hole! Management are confident they may have a massive copper discovery in a know copper area. We are waiting second hole assays, and results from other areas. $6.7mn market cap now, and a good second hole or other assays could easily rocket this back over 12 cents in a heartbeat. I have an average around 8 cents, but will be buying more today.
Ann: Drilling Returns Wide Copper Intersections (Replacement), page-118
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