Their Ni prospect is basically rubbish in the current environment.
The iron ore rock chips are interesting, but that ia all. CNK only recently acquired their Pilbara tenement, which is under 100 square miles in area (seems a bit small, but I have no feel for this in relation to our iron ore juniors).
The last time I invested in a company with positive rock chips sampling (got mentioned in the Australian) I lost my dough on CAV.
This company is a speccie. I suppose one could get in early and ride it up on any good news announcements, and be ready to dump it at any time.
loki (sceptical iron ore investor)
CNK Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held
