Jayfish, a lot of what you say is a true concern. PEAs seldom move a stock, and truly many CCB holders could hope to recover initial investments on a bump, if it happens.
But one thing that might be different with CCB is the inclusion of the resource estimate. Investors so far only know of veins of various sizes, and possible usage of the disseminated graphite, with no tonnage numbers attached. If the resource numbers show adequate tonnage, and the PEA shows profitability, especially if it includes some indicative pricing letters (or heaven forbid, a sales agreement for a high price), then the stock price may have to head higher, just because that's what a profitable company's stock generally does. We CCB share holders hope that is the case. I suspect most of the posters here would think not, perhaps even wish not. Again, we'll see. |
