Nice to see the price rise from 6.5c to 8c, I remember when CAP went from 40c to 90c plus.
Larger volumes being traded are nice to see, yet I don't see why CAP suddenly looks attractive.
Our projects mainly cover iron ore and gold and establised iron ore companies, like GRR and BCI are looking cheap. On the gold front, companies like DRM are cheap. All these companies are in production and generating cash flows. Prices for both commodities remain low.
I just hope that there is no clock and daggers stuff taking place in the background.
CAP Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held