Post by
CravingProfits on May 06, 2021 8:53pm
IMHO
If CNC does a p.p. at $3.95.....good for them. ...I`ll bet my shares against the new comers, institutional or not. $3.50 would be a great offering.
It will only set solid base and book value.. Of course...,the higher s.p the better!
I for one have never seen a management team consider small time investor`s interesrt so much!
They easily could have raised money at under $4.00 $3.00, $2.00, and we would have all gone for it!!
Could be smoke and screen...but Selby has a rep. to uphold and is building it up on trust and transparency. He has a proven track record for executing and is worth so much more if his reputation holds.
Only MHO.....see you at $5.50 before the Prelim. Economic Assesment I hope.
Good luck to all longs... just remember that over 50% of trades are done with algorityms and quants which have nothing to do with company valuations. Low volume...low returns unrtil the tides turn!! And we are heading up!
IMHO
Comment by
EndZonefor7 on May 06, 2021 10:33pm
Good points on Selby and the algorithms. If they don't need cash til summer then no point raising cash til post PEA and pile of drill results to come. Upper teens buyout would be where Bollinger got sold 3 years ago,, and we already have double the resource than them in a hot metals market. If other properties roll in positive then double that number. Huge potential here. $$$