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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Callinan Royalties Corporation CCNMF

Metals & Mining Industrial Metals & Minerals


GREY:CCNMF - Post by User

Callinan Royalties Corporation > %5 Move Today
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Comment by Nosleepon Oct 16, 2012 3:29am
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Post# 20487242

RE: RE: %5 Move Today

RE: RE: %5 Move Today

lower it goes, the cheaper we and the company can buy back shares. I added another 2k recently during this dip. The HBM property is producing, and will produce for a long long time. This company banks cash every quarter. It would be nice to pick up a new royalty though, one that would add to cashflow quickly, not years from now. Personally i think they missed the boat on Donner. Sandstorm stepped in first, shame really.

There has to be a few more companies out there but you have to be really cautious with cash. I don't blame them for holding tight.

Nosleep

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