RE:RE:Surprised about the share price Honestly, I think what's holding back the share price is that CNC has graduated out of the speculative phase of a junior miner's life; and investors are waiting to see signs that this will in fact become a mine.
CNC has done an excellent job maximizing the speculative phase (which is mainly about showing that you have a good resource and providing initial financial information like the PEA). But, next - I Beleive investors are needing to see steps towards production. This would mainly mean deals with EV companies. This usually means that the share price is stagnant (or even drops) while negotiations carry on. HOWEVER, a deal with a car or battery company would mean that the customers will be there and the train towards production can ramp up.
Junior minor Piedmont Lithium was trading at $7 a share last year. Then, a halt was put on for almost a week. News broke that they had signed a deal with Tesla. It opened again at $42. It's above that now I beleive.
Selby has down a great job advancing the company to this point. I think the investment community is waiting to pay big money on signs that they will in fact take the next big steps towards becoming a mine.
If a strategic deal gets done; then I think it could take off - especially with the district potential.
Just my opinion