CCI chrome corporation limited

producer

  1. 2,232 Posts.
    Poor old down trodden unloved potential cash cow producer in months.

    Worse places to be.

    Remember early Feb....the spike to 2 cents on HOA BEE ?

    And down hill from there when fundamentally things have progressed well.

    It was about that time ( early Feb ) that the move into spec U , copper and zinc stocks really kicked in.

    CCI didnt have a daily chrome spot price, so it was sold so that the spec money went where there was a spot price. Its clearly a large part of what happened.

    This correction could work in CCI's favour in that people should be more atuned to undervalued near term producers.

    Market cap $10 mill and profits of $15 mill + pa ?

    A lousy A$3 mill needed to go into prod'n......

    Most straight explorers will find it tough going for a while now imo.

    Couple of weeks to FS results and CCI may well attract some decent buying.

 
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