The Occasional Speculator

The Occasional Speculator

CABRAL COMES THROUGH BUT NASDAQ VULNERABLE

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The Occasional Speculator
Oct 26, 2024
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CABRAL COMES THROUGH - DELAY GOOD

Cabral Gold (CBGZF @ $0.23)  did announce a  ‘positive prefeasibility study’ (PFS). We renew out BUY recommendation with a target share price of $2-3 by mid 2026 a TEN TIMER IN TWO YEARS!

Check out the PFS:

Link To PFS Here: https://finance.yahoo.com/news/cabral-gold-announces-positive-prefeasibility-103000301.html

As I have reported there are several attractive features that separates CBGZF from other development companies:

1.)     The company’s key Brazilian gold mine Cuiú Cuiú property has over 1M ounces of gold for its first mine worth $3Billion compared to the company’s market cap of a tiny $48M.

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