Not a bad announcement imo.
I'm assuming most people (myself included) that currently hold are holding for the Cobalt prospect rather than the gold. I'm expecting to see a few nervous hands sell in the morning due to Cairn Hill not being what they had expected or hoped for. But, when people see the potential of the prospective Cobalt acquisition and realise that it now can (and probably will) be the main focus of the company, it should be back to business as usual.
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- Day Traders After Market Lounge 15th March
Day Traders After Market Lounge 15th March, page-50
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