One of these DaysBTC is going to jump big time in valuation. Using today's closing prices I have $1.35 in shares & cash so now we are trading @ a 15 cent discount to the hard assets. I know everybody is tired of hearing this but one day this market is going to wake up and BTC is going to be on fire. We should be way north of $1.50 but so far the market doesn't think so.
The way Coro has been trading, it sure looks like something is up like the EIS is looking positive or else Chacay drill results are leaking out. For a Friday which is when lots of sellers are unloading especially day traders both stocks performed extremely well. I will take a wild guess and say that on Monday BTC is going to make a new 52 week high and Coro is going to make a another new 52 week high.
Copper is on fire these days. A few talking heads have raised their target from $6 to $6.50. It sure looks like 5 bucks is definitely doable. If by chance they get the EIS and Chacay drill results are good and copper is over 5 bucks then I would call this the perfect storm. Tech is just down the road from Chacay so if the perfect storm hits then I would take a wild guess and say that Tech would be extremely interested in Coro.
MM