Shareholders can moan all they want, but they have themselves to blame for investing in a company with leases that are marginal at best, in my opinion.
Quite baffling that this companies market cap is at over 20 million for what they have.
Investors just don't seem to understand that if a company makes a discovery, that does not mean that all the ground held by other companies will also have the same grades or volumes of minerals that would be viable to mine.
Looking at the CHN magnetics, the strike length moves mainly from north to south, I would say that most mineralized ground west or east will not be economical to mine, apart from a few pockets to the east, crown will never be mined in my opinion.
Holders better hope that the company does not include a free option with the cap raise.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.307M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $6.07K | 3.035M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
82 | 254563831 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 9290284 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
82 | 254563831 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 9290284 | 8 |
0.003 | 27415167 | 21 |
0.004 | 27205668 | 20 |
0.005 | 9346028 | 15 |
0.006 | 7447587 | 10 |
Last trade - 10.06am 03/06/2024 (20 minute delay) ? |
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