What do you mean they aren't fantastic? Does anybody even understand what they have done here?
It's secondary mineralisation in Silcrete with alteration textures. That release could not have been better. You do not mine this mineralisation, it is used as a geochemical signature to target the bedrock target. The grades are irrelevant. It could be 0.1g/t or 10g/t. It's irrelevant as that's not the target, as long as there is a clear anomaly it has worked.
In fact the higher the grades at surface it means more has leached from the bedrock, thus lower grades at depth. Do people not get this?
This is the biggest over reaction I have seen in a long time.
I have averaged up after this release and reaction.
- Forums
- ASX - By Stock
- CNB
- CNB Summary and Why Its So Undervalued
CNB Summary and Why Its So Undervalued, page-2988
-
-
- There are more pages in this discussion • 544 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.005(0.88%) |
Mkt cap ! $97.14M |
Open | High | Low | Value | Volume |
56.5¢ | 57.0¢ | 54.0¢ | $62.88K | 112.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10236 | 55.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 752 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10236 | 0.555 |
1 | 22825 | 0.545 |
3 | 33773 | 0.540 |
1 | 2000 | 0.530 |
1 | 2000 | 0.525 |
Price($) | Vol. | No. |
---|---|---|
0.570 | 1752 | 2 |
0.575 | 9571 | 1 |
0.580 | 900 | 1 |
0.585 | 35000 | 1 |
0.590 | 50000 | 2 |
Last trade - 14.03pm 15/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online