CHN up over 30%
in a week or 2 on very little news, a wee-bit down today of 3%, Does this even count as a retrace?
At $2B market cap CHN has shot up quite a ways, picked up some good named substantial shareholders to support such a market cap. The air beneath their wings. Bots all over the share trading now, fighting up and down postions.
Unlike DEV and ENX and the others
, CHN may be close to full stretch for its current results and speculation along trend. Done amazing well.
ENX is a minnow in comparison , no one really knows where to place it given very little geo info (a negative), very small balance sheet (a negative), but good land holdings North, South and East of Gonnerville. Some hints of prospectively from PUR and WA dept. geo info. Frothy yes, justified MC at this time yes given the froth spilling over from CHN.
For me ENX, is risky, will bounce like a flea as people's emotions change. So enticing at this Market Cap PGE story and the land holdings. I probably shouldn't write positive things, not that I think anyone of HC has much influence, happy to buy on dips too
.
