CEL 1.85% 5.3¢ challenger gold limited

"It's actually quiet an amusing viscous circle "A stop loss, is...

  1. 27,208 Posts.
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    "It's actually quiet an amusing viscous circle "

    A stop loss, is there to preserve capital, regardless of the fundamentals of a company.
    IMO, the fundamentals are solid, for CEL.
    I cant for one moment believe the current SP, includes any value for our Ecuador asset.
    Hence the boards decision, to spin it out, after a MRE increase announcement( Im assuming), and listing on the TSX.
    When this event by itself, becomes apparent, there will be a serious CEL SP, re-rate, as bargain hunters can buy two mines for the price of one.
    The column tests results on the low grade ore, at Hualilan , if positive, is another potential SP, re-rate event.
    Culminating with the PFS, which should be boon for the SP, barring any unknown knowns.
    Obviously culminating, with finance in place for Hualilan.

    Raider
    Investing can be a real bitch.
    I'm mindful, that a lot of long term holders are hurting.
    I can assure you all, I feel, your pain.
    Its unhelpful, but " the pioneers, end up with the arrows in the back, and those that follow prosper"
    Hang in there if you can.







 
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5.3¢ 5.4¢ 5.3¢ $26.40K 496.2K

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5.4¢ 100000 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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