CNB 3.80% 41.0¢ carnaby resources limited

Ann: Stunning First Drill Results Lady Fanny - 27m @ 2.8% Copper, page-231

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  1. 853 Posts.
    lightbulb Created with Sketch. 64
    i look at it like this ....

    If you have nothing in your back yard and just started to look for treasure, you're not worth much - let's say 50c.
    You then start digging and find $1 coin in the ground, you have $1.50 [suddenly your value goes up 2x]
    You keep going and find 2 x $2 coins, you have $5.50 [suddenly you are up 10x on your original 50c]

    Get the picture? Don't just look at the recent % increase; it could be just starting.

    As CNB keeps looking for treasure and finds it, further decent finds should put a floor under CNB price as it increases. The more it finds, the price should keep stepping up.

    Lets not forget the tail winds of the commodity boom! 2022 set for a great year!

    Not meant to be advice and DYOR
 
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