Stockchase Opinions

Joe Mazumdar Cardinal Resources Limited CDV-T DON'T BUY Oct 16, 2019

He used to own this. He was interested in the West Africa play, but he was looking for a higher grade play instead. Right now West Africa is not a safe play geopolitically speaking. This is probably impacting the share price. Infrastructure constraints make it more expensive in their area as well -- power comes strictly from diesel.
$0.350

Stock price when the opinion was issued

Mining
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
They a 5-million ounce deposit, rare. A low-grade one in Ghana which scares some investors, and they don't have production financing in place, but will come. But he's bullish about Ghana where insurgency fears are way overblown.
PAST TOP PICK
(A Top Pick Mar 26/21, Up 180%) Second largest shareholder after Murray Edwards. Would buy again. Months away from starting a meaningful dividend. Expecting a 7-9% dividend yield. Expecting a double in share price.