I say it's a dud stock because I am a LT investor rather than a trader, perhaps dud is not the right term. IMO a 30Mt (guessing) resource at a historical nearology grade of 0.12% Co will not warrant the capex of a $800m+ processing plant, sure you could ship the ore but Brazil hardly has battery orientated manufacturers that I am aware of.
Also while I predict good results don't forget it is only channel sampling that will be released first as per previous Ann's, I am yet to see a company declare poor results from channel sampling as it is no different to a biased rock grab. Look at EUC, MEI, RMX... EUC is the biggest farce ive seen in the Co game.
Anyway, non shared views arent always opposite views, if I see 1c and my trigger finger is itchy I might surprise myself. GLTAH
I say it's a dud stock because I am a LT investor rather than a...
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