GREY:CGOOF - Post by User
Post by
Goldenalligatoron May 12, 2017 2:15am
137 Views
Post# 26235442
CNL current price
CNL current price
So once the Newmont investment is finalized CNL should begin to trade at $4.00CAD, correct?
So it one wants to own some Continental, it seems like this would be a good time to get in, at a discount to where the stock will actually trade in the near future?
I am also expecting that with support of a major and also with positive developments taking place in Columbia that $4 will soon be left far behind, given that precious metals begin to recover fro mthe recent smashdown.
Even at $4 the stock will still trade well below its high below the bear raid on miners began this year, and I see no reason it wouldn't return to that high now, with so many positives piling up here.
I gather from what I've read that a lot of people harbor animosity toward the CEO and are still angry about what happened with Collosus but I imagine with NEM being involved now trust in management will be re-established.
In short, this is looking like a grea entry to me.
What do you guys think?