share price went to 37 cents

I did a comparison of CJO with a few similar companies.

Just a year ago, Fat Prophets was pushing as the next big silver and gold stock.

Around this time the company submitted the initial feasability study and the price flew straight up to 37 cents.

That was before Cerro had anywhere as many potential resources as it has today.

It has quietly gone about its business and in the meantime the share price has slipped down to an almost all time low.

It brings back memories of the similarity that CJO has with Bolnisi Gold which was developed by Norm Seckold and Dudley Leitch. BG was subsequently bought over by Couer De Alene and BG's mine in Mexico, Palmarejo, turned out to be the crown jewel of CDA who is currently the world biggest silver producer.

When Bolnisi came into the big fund radar, it moved from around 30c to $1. At that point. Fat Prophet picked up on it and recommended a buy. Eventually, the price went to $3.50 even though it was about 2 yrs from projected production.

With every step of increase in the share price, I doubted whether it would go any higher because I had memories of how low it used to be but no imagination to see how high it could go based on its fundamentals.

Sad to say, I sold more than half my holding before it reached $1.50.

As they near production and the funds come in, their bigger buying will trump the small traders selling.

This is where CJO is currently.it is very lightly traded but it seems nobody is selling any of this stock, especially as the long awaited Bankable Feasability Study is due.

Norm Seckold is a quiet, seasoned company maker.
He doesn't present any hype at all. Only fundamentals.
Have make some money with Bolnisi Gold in the past.

We may have a real opportunity with this company that has been flying under the radar!

DYOR