Got a little parcel today. Just a small one to keep me interested. I have room to double the holding considering I expect this to be an ultra marathon timeframe kind of investment. Most assets that are in C&M usually are.
Best to keep in mind that further weakness is possible here. This is not an immediate cashflow positive acquisition like Mt Carlton or Cracow but this is a considerable discount compared to those two recent acquisitions as outlined in this list Post #: 60827122. By a wide margin in fact. Any weakness down to 48.5c I will view as a buying oppurtunity.
Ann: Funded Acquisition of Coyote & Paulsens Gold Operations, page-26
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Last
36.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $136.0M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.3¢ | 35.5¢ | $416.4K | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7914 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 178398 | 3 |
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