CTN 25.0% 0.3¢ catalina resources ltd

Ann: NBR Iron Project Update, page-307

  1. 775 Posts.
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    Given the current sentiment around mining stocks, especially those that are major seekers of gold and iron, I thought this thing would fly today, the market action yesterday afternoon and early this morning gave signs of a breakout, but sellers are still in control of this

    Any day now we'll see a break above 0.03c, and with that there's no looking back, once accumulation has been accumulated, and an announcement further derisks this Co, we should easily see 0.060c+, EASILY

    With such a fast turnaround on business outcomes and efficient/fast productivity, with little to no barrier of entry to their outlines projects, I still do not see how this stock is holding so low, they're in a much better position than some CO's trading at 10-15c?

    Baffles me, in saying that, the whole market has been red for 3 straight days now, macro influences are causing this (Coronavirus, iron and gold prices, trade relation uncertainty), within the next 2 weeks, if gold and iron continue to maintain their same prices or even increase, and we receive a solid announcement, I don't see how this could stay under 10c IMO

    DYOR
 
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