Syz,
I made it P/E of ~8 (CMC has 7.?) and they owe $75m (2017 Annual Report). This is post CR but does not include Future Income from Peak mine. Looks good, I admit, well supported by large shareholders. Very low AISC.
Bought at 31c on Fri, but stopped out later in day on falling price - to .25c. Cheesed off by loss, thought the Peak Mines deal great.
But doesn't look like profit taking to me. DVI negative crossover, MACD just almost ditto. Lousy RSI, Momentum and Stochastics.
What am I missing please?
pmd3nka (gold bugged off by AMI!)
Syz, I made it P/E of ~8 (CMC has 7.?) and they owe $75m (2017...
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