I appreciate the in-depth response mate!from what I can see it...

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seaman91

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22/12/21

16:14

Post #: 58466460
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Originally posted by chilledpain: ↑

Hey mate - glad to see another new name showing some interest. Been following a few of your comments on the CYM threads over the past few months actually.

- No issues with management.
- Great team on the ground.
- Excellent recoveries for both copper and gold. (Minerology similar to SLR's Deflector)
- Low AISC.

Hard to know why there is so few eyes on it at the moment. Potentially the following having an impact (at a guess):

- Number in the ticker (Superstitious folks? Have had comments from a few people people saying they stay away from anything with a number in the ticker... go figure)
- Number in the ticker stuffs up the Twitter searches and tags? (unknown if this actually has any impact - but assumption would be yes from a sharing / tagging point of view)
- Kaolin was one of the deposit names. This was brought up by a few people I had spoken to as they glanced over it thinking it was another ADN type play = Kaolin explorer. (MM8 changed the deposit name to Gem on the last ann which should fix this issue if it was one)
- Market sees the static 674koz number at a glance and overlooks the additional resources that are already drilled yet to be added to the global MRE?
- Market does not consider the copper component and it’s impact on ultimate profitability? (as not included in feasibility study – this will change on the next study)
- Gold just not on the radar for many?

Personally think this one is being overlooked / missed. I wouldn't be surprised if the market wakes up after the MRE and weighs up the EV/Resource values (penny drop).

Not sure if you're on Twitter but there's a Geo that goes by the name SpadeofGlory that is all over this one also. Worth a follow for his take.

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I appreciate the in-depth response mate!

from what I can see it looks like it's worth a punt!

CYM had been abit of a short term struggle, but the 12-18 month view looks really really good.

yes I follow him on twitter and it's what actually attracted me to MM8

MM8 Price at posting: 21.0¢ Sentiment: Buy Disclosure: Not Held
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Last 24.0¢		Change -0.010(4.00%)		Mkt cap ! $122.0M

Open	High	Low	Value	Volume
25.0¢	25.0¢	23.5¢	$111.1K	457.2K

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5	125287	23.5¢

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2	49999	0.245
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0.240	50000	1
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I appreciate the in-depth response mate!from what I can see it...

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I appreciate the in-depth response mate!from what I can see it...

Top Stories

Tuesday's HotCopper trends: Paradigm funding, Nanoveu drone gains | July 1

Don't cry that it's over: The Reject Shop shares to disappear on Wednesday

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