CCI chrome corporation limited

Poor old down trodden unloved potential cash cow producer in...

  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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