CNB 13.1% 56.0¢ carnaby resources limited

Looking pretty solid to me. Pretty much 1 month since the SP...

  1. 1,007 Posts.
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    Looking pretty solid to me. Pretty much 1 month since the SP jumped over 40c, fresh off a 30c cap raise and it has held up above 40c the whole time(apart from a couple of intraday dips), despite the market volatility with the election and potential covid vaccine.
    I have a rough count of almost 25million shares traded in that month and buyers don't seem to be drying up at all around these prices.
    If we even get a sniff of something similar to the initial Hemi AC drills then I'd expect a lot of big players to be on the sidelines ready to swoop in. There will be a lot of eyes keeping track of any explorers in the area and they will be ready to pounce IMO.
    Last edited by ByCon: 11/11/20
 
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