I still suspect CXX will be taken over by Tremont/Denham before...

I still suspect CXX will be taken over by Tremont/Denham before commercial production is ever reached. The project is just to good. If one can believe various articles written over the last year, there is apparently heaps of private equity sitting around the world just looking for the right time and right project to buy a resource project/s. I doubt Tremont will allow anybody else to muscle in now.

I posted way back that CXX is not a trading stock. It is an investing stock and needed patience to see a significant return on investment. However, the SP spike back in May to Jul 15 followed up by the recent drop in SP was a nice opportunity to do some swing trading as it turned out. Taking some capital of the table back then presented a fortunate opportunity to increase my holdings recently, whilst making a sweet little profit that can't be scoffed at in the short term. I suspect that the downward pressure on the SP beginning in Sep 15 and carried through to now was caused by all those shares coming out of escrow in Aug 15.

Very interesting for now is a link below to an article that provides investors present and future with a very well written overview about the current CXX investment thesis. The following quote from this article is a good and simple summary of CXX's current situation as a potential investment:

"CXX has imminent niobium production in its grasp. Ticking all the boxes a Niobium developer could ever want, Panda Hill is a potential cash cow that could not only fill CXX’s coffers but add a new diversified producer to a Niobium industry that’s been coiled up like a spring since 1976."

Here is the link to the article:

http://www.nextminingboom.com/space...-warp-speed-cxx-now-just-weeks-away-from-dfs/

The imminent release of the DFS will be good reading for current holders IMHO.

Cheers