CNB 0.00% 38.0¢ carnaby resources limited

Ann: Mohawk Discovery 21m @ 2.0% Cu, 0.6gpt Au, page-15

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  1. 827 Posts.
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    market has low appetite for this type of stock at the moment, cnb is hardly an outlier on poor performing juniors atm.

    Hch for example with an npv of $1.8b can't even hold a $150 market cap. mind you they have the misfortune of having terrible management.
    You blokes here should consider yourself lucky being on this instead of hch, much smaller resource but handled nearly every other aspect of running a junior better.
    Time will come for this but I think it could be another year of proving up enough resources to take this to production or sell.
 
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