Great post GeoFiji,
This high grade result on it's own would have made me cautious and wait to see the next confirmatory drill hole, however the multiple broad +1% copper hits (which are actually quite good grades for a copper project in this price environment), have given me confidence that this is a high grade zone in a much larger system.
I made the mistake with Chalice not investing at ~$1 after its initial discovery thinking it had run too hard, knowing that it was the best drill result I had seen in my lifetime... I will not make the same mistake with this one. It might not replicate Chalice, but certainly $500m market cap is not unrealistic with a second hole showing similar high grade, and $1bill not out of the question if this extends at depth with grade half of what his hole produced.
I'm loading up!
- Forums
- ASX - By Stock
- Ann: MAJOR COPPER GOLD DISCOVERY 41m @ 4.1% Cu Inc 9m @ 10.3% Cu
Great post GeoFiji, This high grade result on it's own would...
-
- There are more pages in this discussion • 504 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
53.5¢ |
Change
0.015(2.88%) |
Mkt cap ! $91.98M |
Open | High | Low | Value | Volume |
52.0¢ | 53.5¢ | 51.0¢ | $65.85K | 126.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27321 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.5¢ | 849 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27321 | 0.530 |
1 | 19367 | 0.515 |
2 | 28319 | 0.505 |
5 | 15000 | 0.500 |
3 | 26765 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 849 | 1 |
0.550 | 1071 | 1 |
0.565 | 19125 | 1 |
0.570 | 10500 | 2 |
0.580 | 100000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |