CCZ 9.09% 1.0¢ castillo copper limited

At the last round of drilling there were many comparisons made...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,186 Posts.
    lightbulb Created with Sketch. 370
    At the last round of drilling there were many comparisons made to Sandfire, notably by the company itself. The drilling results saw the SP halve in value ultimately which shows you how Sandfiresque they were.

    The geological formation may be similar in nature but the magnitude is completely different. Sandfire is a much bigger resource. And then of course CCZ need to actually locate the bulk of the sulphides and perhaps the primary deposit.

    We know the assays are good and will in all probability continue to be good. What we don't know is how big the ore body is or where it is.

    I think that the DHEM model for Volkhardts must be complete by now, or near to it. The complete lack of volume and shorting activity indicates that very few people have access to the results and DHEM modelling.

    The lack of speculative buying and selling through a period rich in news also indicates that not many people are willing to have a punt that this will turn out to be Sandfiresque.

    I'm hoping for enough copper to make this project commercially viable which may result in a takeover interest as I am not sure CCZ is a mining company. If this stock ever gets to 20c or $100mc I will simply be thrilled.
    Last edited by DoubleDown!: 04/10/18
 
watchlist Created with Sketch. Add CCZ (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $5.198M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $2.024K 202.2K

Buyers (Bids)

No. Vol. Price($)
14 7401723 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1104269 2
View Market Depth
Last trade - 14.26pm 27/11/2024 (20 minute delay) ?
CCZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.