1) CHN is both fully funded and drilling on its 100% owned tenements located in one of the best (the best?) mining jurisdictions on Earth.
2) Just try to count the number of "Open" in this news.
3) There are 45 holes yet to be assayed -- Merry Christmas.
4) Speculators have become investors (like me).
5) In much less than a year (five rigs drilling?) CHN may be "Super Pit" worthy.
6) CHN, sadly, will never be a miner -- unless they pull a GOR style JV for no more than a slice of a world class deposit.
6b) To maximize CHN sp in a t/o watch for a Poison Pill, or other share structure strategy to raise the sp further.
7) Without a JV, massive CR: using bonds: convertible bonds; debt; hedging; equity, or; any combination of the preceding may follow by next year's end.
8) None of "7" may happen because of a t/o. I believe any t/o offer will be quickly beaten by another contender = Bidding War.
9) Each set of drill results raises sp value.
10) Drill, baby, DRILL!
OV
PS For holders the single regret will be, "Why didn't I buy MORE!!
PPS For those outside salivating, it's probably prudent to start a position, buy dips, buy again...
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Last
$1.17 |
Change
0.035(3.08%) |
Mkt cap ! $455.0M |
Open | High | Low | Value | Volume |
$1.14 | $1.19 | $1.12 | $4.358M | 3.759M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 32661 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 22144 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40018 | 1.220 |
2 | 25400 | 1.200 |
6 | 31715 | 1.180 |
1 | 2540 | 1.175 |
3 | 16250 | 1.170 |
Price($) | Vol. | No. |
---|---|---|
1.190 | 17484 | 1 |
1.200 | 88276 | 6 |
1.210 | 25282 | 3 |
1.215 | 25000 | 1 |
1.220 | 40419 | 2 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.17 |
  |
Change
0.035 ( 3.81 %) |
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Open | High | Low | Volume | ||
$1.15 | $1.19 | $1.12 | 884414 | ||
Last updated 15.59pm 06/05/2024 ? |
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