Stockchase Opinions

Rick Rule Centaurus Metals CTM-ASX TOP PICK Oct 12, 2023

Exploring a Brazil deposit that has the potential to become Tier 1 nickel-platinum-palladium. Stock's done poorly lately, and that's why he likes it. Cheap, relative to its upside. Attracted to size of deposit. Not for those risk-averse. (Price target in Australian dollars.) No dividend.

(Analysts’ price target is $1.67)
N/A

Stock price when the opinion was issued

Mining
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TOP PICK
Very attracted to the nickel business, and to sulfide nickel deposits in particular. Most exciting deposit in the world. He's known management for a long time. World class, and keeps getting better. Lack of familiarity with the stock will correct itself over time through capital markets. (Price target in AUD.) No dividend. (Analysts’ price target is $2.22)
PAST TOP PICK
(A Top Pick May 22/22, Down 4%) Sector hit hard by rising interest rates and economic slowdown. High grade nickel deposit. Brazil presenting political risk that is scaring off investors. Deposit has T1 grade which is very attractive to investors. Will continue to hold.
PAST TOP PICK
(A Top Pick May 25/22, Down 21%)

Unsure why stock price under pressure.
Political risk in Brazil a concern for investors.
Current assets very valuable.
Australian assets highly valuable.


PAST TOP PICK
(A Top Pick Oct 12/23, Down 8%)

Very strong company that continues to own. Suggest that nickel deposits are Tier 1 quality. Low nickel prices are not a concern as new mine won't produce for a few years. Not a good stock for impatient investors. However, over 10 year time frame - could be a "10 bagger".