Huge value hidden in Clancy - it is a stock to put in the bottom drawer and let it sweat, Actually I have the oppies there, sweating away. Now I take the view there is an excellent chance (hard to quantify, but I go on vibes sometimes) of oppies doing multi bags. Downside is I lose the stake 100%.
Peeps who know what I am talking about should take a good look, peeps who don't should not touch it.
Just for example
"The Company has been notified that JOGMEC has joint ventured into the Parkes East project. Therefore, the NSR on Parkes East has been reduced to 2% and the buyout right has been removed."
Do you read that? JOGMEC is the Jap Govt agency which searches the world for high value mining projects, then sells down to Jap companies. They are very successful, and if they are again in East Parks (by the way on trend from some majors there) our little 11mil capper Clancy has 2% net smelter royalty.
Invest in Clancy? Think long term. Just IMO - DYOR
Huge value hidden in Clancy - it is a stock to put in the bottom...
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