Dead right on the book.... but that can also be its benefit, assuming good hits. If we miss the goods on hole 1, or don't get to see any interesting rock chips then I assume that we'll test the 31c line.
I'm here because they neighbour CNB and share the same indicative tracers that CNB use, and I assume we're all here because of those clear and simple methods of deduction!
On the assumption we do see something, that thin book will see this behave in a similar way to CNB. NOTE not necessarily the same market cap, but I'd hope a multi day climb to 2-2.5x what we're on if we hit great dirt. That's not-quite-best-case-but-not-far-off
CPM Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
