CNB 4.11% 38.0¢ carnaby resources limited

On a lighter note..... I prefer the fundamentals.... talk of...

  1. 1,484 Posts.
    lightbulb Created with Sketch. 1988
    On a lighter note..... I prefer the fundamentals.... talk of filling gaps.....to me Lady Fanny comes to mind. rolleyes.png LOL
    I find it interesting on days like this....bloodbaths, to consider a topic discussed previously on this forum.....
    "The conviction to hold".....with markets worldwide puking atm, I find great comfort knowing CNB have ~ $30m cash reserves.
    It could get very difficult to CR for a while. With plenty of cash on hand, and very promising copper prospects,
    W.A gold/lithium prospects, CNB are well placed to see out this storm.
    We have an experienced BoD to steer us through the troubles ahead.
    The world will still need our copper.....there is still not enough to electrify the world atm.
    Soooo......charts or fundamentals.....for me, fundamentally I'd say, "show me the money" and $30M cash is a good start.
    The BoD will do what they need to do and.....with luck "the SP will take care of itself".




 
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