Pretty much all junior miners are at or near all time lows, not just CBs companies, since 2013. Things will only pick up once majors start buying up the small fry that have proved up resources. The time is right now imo. Be contrarian
The only certainty is that CB never meets a deadline so I'm a little concerned that 30th April will come and go without any news. As for the sp, on average I'll break even at 2p. I now have positions whereby I'll take some profits and a point at which I'll sell completely. There's more liquidity now which helps
Looking at Glenovers own estimates of the resource value minus capex, glr's share is worth some 78 million gbp over the lifetime of the mine which works out at just over 3 million a year net
I think if the big fund managers can raise this sort of capital to invest in small miners, gives me a lot of confidence for the future here and in other small companies I'm targeting. They are no fools. We are at the bottom of the cycle. Be patient and hang on
I was expecting Glenover news b4 anything else, but the fact that they increased the stake in SZ to 85% prior to news on drilling samples, speaks volumes to me.