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6.6¢ cradle resources limited

I concur. One could be tempted to speculate that things on the...

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pygmyhipppo

974 Posts.

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25/10/16

06:35

Post #: 20090870
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Originally posted by Dentie ↑

I tell you what - if these offtakes, financing and DTM announcements don't come very soon, the SP will continue to slump. Doesn't seem to be much between here and 16c! They are already behind their own time schedule for these (which is out of character for CXX) and have quietly extended them without any sort of explanation so far.

I haven't heard Claude Dufresne's name mentioned for many, many months - but I bet he was pleased with the initial Options he secured (500k @ .25c by 18 October 2018).

I still find it interesting that Niocorp can secure offtakes for Elk Creek but I don't think they have completed their DFS yet.

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I concur. One could be tempted to speculate that things on the off-take front aren't going as well as they hoped. Chart's beginning to look ugly. Previously at these inflection points, SP has bounced back as buyers suddenly popped up.

CXX Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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