Castile Resources

This is one of the stocks I have been keeping an eye on and have patiently accumulated a position. Peter Cook is the Chairman & its the only company I think that he is full time on. His record speaks for itself and has made hundreds of millions for shareholders several times over. I know Cooky personally & he's one smart Cookie to pardon the pun. But also a straight shooter, although I wouldn't want to be on the other side of a deal with him as I would be asking, what did I miss?

The Rover One project looks outstanding and there is plenty of exploration upside in gold, copper, zinc, lead & silver & it looks like they are going to add lithium to their quiver in the NT.

Check it out & let me know your thoughts.

https://www.castile.com.au/

It would have helped if you had provided the ticker: CST and I had not got it in the database as 'Castle Resources' but having found it I note the following:

a/ It is in a Very Definite Downtrend (VDD)

b/ There is Very Little Liquidity (VLL)

So this is rated NEWAB (Not Even With A Bargepole) for me at present.


Best of luck with it, may it work out for you.

Quote:

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Originally Posted by Snow Leopard

It would have helped if you had provided the ticker: CST and I had not got it in the database as 'Castle Resources' but having found it I note the following:

a/ It is in a Very Definite Downtrend (VDD)

b/ There is Very Little Liquidity (VLL)

So this is rated NEWAB (Not Even With A Bargepole) for me at present.


Best of luck with it, may it work out for you.

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Definitely not a technical trade. It's a junior exploration stock that shouldn't be traded based on chart technicals as they mean very little in this instance.

They have an advanced project with an NPV of around $675M that is about to go through a bankable feasibility study.