hopefully you are open to a counter point oldmon3y. Maybe he's looking to get into things at the right time and maximise the potential for multiple bags. That doesn't mean production is even the end goal. Half the companies you mentioned are effectively blue chip, so your point about parking your wealth in them is valid, but dividends probably aren't his goal.
CRR is a high risk speccie. I think c'mon Aussie knows it's a speccie too. Have a look at DLI's market cap of over $400 million or AZS of over a billion. $CRR is $67 million with a small MRE. But if they can drill it out to over 20 to 30 it could be in for a decent rerate. It's at a much different place in the exploration curve. I'm not saying undervalued, I'm talking about it's position on the lassonde curve, it hasn't proven a good enough discovery yet. But if it does then it might do well. If it's doesn't then it's probably a dead project at this size.
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Mkt cap ! $17.80M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $3 | 295 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2820504 | 0.9¢ |
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Price($) | Vol. | No. |
---|---|---|
1.0¢ | 376845 | 6 |
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No. | Vol. | Price($) |
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4 | 2820504 | 0.009 |
11 | 3388063 | 0.008 |
12 | 3620635 | 0.007 |
9 | 13824995 | 0.006 |
16 | 8506633 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 376845 | 6 |
0.011 | 1903131 | 4 |
0.012 | 2227554 | 10 |
0.013 | 1480783 | 8 |
0.014 | 2064982 | 6 |
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