CRR 10.0% 0.9¢ critical resources limited

The positives: -Obvious pegmatites The negatives: -No assays;...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 335 Posts.
    lightbulb Created with Sketch. 18
    The positives:
    -Obvious pegmatites

    The negatives:
    -No assays;
    -Politically unstable location;
    -Lepidolite and other micas;
    -Pending capital raise;
    -Big ugly gap down low on the chart;
    -Management team with poor history;
    -Inexpericenced and Unsafe practices

    There really is no difficulty in making a call on this project/company. The negatives here so clearly outweigh the positives. Yeah you may get lucky and strike a big resource but the risk here is far too great to make it a reasonable trade. And clearly the market agreed when the Ann was released. I would look to enter when that gap is filled down in the 2s and the necessary capital raise has been completed
    Last edited by Nebuchadnezzar: 08/10/17
 
watchlist Created with Sketch. Add CRR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.