Buy and Hold Don't sell, but was buy and hold strategy working well for some diehard shareholders over the last decade?? The stock was as high as $30 with allowances for reverse splits. Now, it is trading at just $0.30. CD is required to shore up its equity deficit account or it could be delisted by TSX for non-compliance with continuing listing requirements. Expect more dilution coming.
To gain access to the doubtful economic mineral body, CD needs to build a tote road to the Rackla zinc property through First Nation's hunting, trapping and fishing lands at a cost of some $120 million. The Yukon Govt and First Nation have said no way through their treaty lands.
A real pie-in-the-sky dreamscape. No bump up in the stock price with their promotions at the recent PDAC dog-and-pony show.