CNX trade ideas
CNX - High grade copper junior @ big discount to $5.50 financing- $42 mkt cap, 13M float. #copper
- They've been hitting high grade copper intercepts: 7.55m of 5.01% Copper Eq in 257m Vertical Step-out in most recent assays
- Closed $8.9M oversubscribed financing on Feb 25 significantly above current sp at $5.52.
- Most recent insider options were granted at $5
- The float is super tight at 13.14M shares and it could make a big move very quick, especially with copper prices hitting record highs.
CNXUber bullish chart. I really hate to buy anything that is up 20% but the consolidation looks great as does the breakout so i would say take a small position here and a larger one if we fill the gap down to 2.66.
Callinex looks ready to moveI believe this stock has a lot of interest and it's ready to pop within the next week or two... to the moon!
Double bottom for Callinex Mines. Looks like reversal pattern for this mining company shares, which could be very good buy.
Please use your own research and use SL or Hedge your position
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