RE: CDB isw so undeervaluedagree, and im sure it will when whe intersect some nice coalsteam! I think SP will be allready at 15ct when drillresults are out. An explorer company with coal, potash and Gold trading at 9ct! what a joke!
I spoke to the company last week and CDB still has over 700k CAD at the bank- enough for the first drill programm.
They have enough money for now, but, if they want to do further drills, CDB will need money, and i think just for that fact the SP has to go far over the 20ct, to exercise the Warrants, or in the worst case do an other PP at a high level.
Whats your opinion?