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CXO Drilling Directly Below 4 KG/t Silver at Surface… In Just a Few Weeks
It’s been a month or so since we first brought you the news on Core Exploration (ASX:CXO).
CXO have since revealed they are gearing up for a significant milestone – drilling underneath those rock chip assays of 4 KG per tonne silver, 10% copper and 25% lead at their Blueys prospect next month…
The projects are now 100% owned, and CXO is fully funded to drill.
CXO_010
ASX:CXO
Blueys is just one of their super-high grade mineral targets within its sprawling Albarta project in the Northern Territory.
And Albarta is just one of their sprawling projects within a portfolio of enviable multi-metal exploration and development assets…
Don’t forget about their IOCG tenements in OZ Mineral’s backyard, and on BHP’s doorstep.
CXO has been up as high as 80% following our initial coverage and has now consolidated around 30% higher.
CXO is still only capped at $4.8 million.
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Exploration stocks are "on the nose" to most punters the last few months, and will probably be that way for some time to come.
HOWEVER, this has created some great bargains to get set in for the future. CXO will have frequent announcements in the coming months which, if they are as good as expected, will shine a bright light on this small cap stock.
Even in this market, I see a minimum 100% rise in SP in the next 3 months and 200%++ by year end.
DYOR
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $224.3M |
Open | High | Low | Value | Volume |
9.8¢ | 10.8¢ | 9.6¢ | $1.222M | 11.93M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 3180868 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 1951653 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 2496361 | 0.100 |
2 | 205000 | 0.099 |
5 | 566000 | 0.098 |
8 | 628505 | 0.097 |
7 | 228295 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 1413592 | 22 |
0.115 | 2898274 | 14 |
0.120 | 1818087 | 28 |
0.125 | 2230473 | 36 |
0.130 | 2987563 | 33 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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