OTCPK:CTNXF - Post by User
Post by
FoolAndHisMoneyon May 20, 2019 8:31am
123 Views
Post# 29760439
CGP ANNOUNCES EXTREMELY POSITIVE PEA RESULTS FOR CASCABEL
CGP ANNOUNCES EXTREMELY POSITIVE PEA RESULTS FOR CASCABELThe PEA is +\-35% accurate. NPV, after tax IRR are all good, but it is a conceptual level scoping study with a lot of optimistic assumptions (I have never seen one that was not positive) so we really have to wait for PFS and BFS to know for sure. Nevertheless it is a milestone a lot of people have been waiting for. Mineral resources in the ground will determine the true value. This is a really good start though. Im prepared to wait this one out. The eventual share price should be worth it.