I saw a great interview with Rick Rule recently in which he talked about
"prospect generators", and how they enjoyed a success rate three standard deviations greater than explorers. He outlined his definition of a "prospect generator" and it seems that CHN fits that definition. One stand out in that definition is returning capital to shareholders. Being well capitalised so that there is not constant dilution. Hmmmm. Fits. JVing out some prospects to cover exploration. Another tick.
Yes, there is an element of nearology here, but it is not spurious. The gold rush has yet to begin...
I saw a great interview with Rick Rule recently in which he...
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Last
$1.39 |
Change
0.060(4.51%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.44 | $1.33 | $4.675M | 3.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 80248 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 9275 | 2 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
