CGB 0.00% 2.1¢ cann global limited

CUBITUS,how many spec mining companies are out there with huge...

  1. 9,553 Posts.
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    CUBITUS,how many spec mining companies are out there with huge market caps,but no revenue,and no sign of revenue in the near future?
    They may be able to do some drilling with the money they have before the end of year,and if(I said if)there's DSO Bauxite,I'm sure they can raise at higher prices.Not many shares on issue,and maybe an overseas company could jump on board if there's DSO Bauxite there.Your talking by years end,which is miles away,and anything can happen(good and bad) in that time.Just because they may need cash by years end,surely doesnt mean the sp hasnt got room to move.

    Your familiar how the spec end of town works I gather?
 
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