As stated in my earlier blog, capital raising finally occurred. significant share dilution is anticipated as CXO management would not like to go back to capital raising again soon.
So enough funds now would ensure long and continuous drive for exploration in Alberta and Roxby should drilling fail to uncover high grade silver.
One should keep in mind examples of ICG, AQD, CZN and WCN where they did not find deposit of any significance despite very good VITM survey results.
Chip sampling another tool in exploration but uncertainty remains until drill samples return high grade assay results.
Therefore, wait until drilling commences and assay results are announced.
As stated in my earlier blog, capital raising finally occurred....
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $207.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.6¢ | $2.421M | 24.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 324223 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 523628 | 15 |
View Market Depth
| Last trade - 15.42pm 23/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |