Canada Silver Cobalt Works: Progress Update on Bench-Scale Pilot Plant
Nowadays investors have plenty of options when it comes to availing information with regards to the stock markets and one of the most popular online options is currently YouTube. YouTube channels like RichTV Live have become immensely popular due to the reliable information and analyses that it provides to its subscribers.
The channel produces a new video almost every day and in the video that it released this morning, the RichTV analyst looked into the mining company Canada Silver Cobalt Works (TSXV:CCW.VN) (OTC:CCWOF) (FRA:4T9B).
Key Analysis
The company also made a significant announcement on Wednesday and it was not surprising that RichTV Live was on to the breaking news story straightaway. Mining companies have been in the focus of many investors over the past year or so and hence, it might be a good idea to take a closer look at RichTV had to say about Canada Silver Cobalt Works.
This morning the company announced the preliminary bench scale results from the floatation tests that had been conducted on the Beaver Tailings at one of its properties. The property in question is located at SGS Lakefield in Ontario, Canada. It was an important development for the company, however, RichTV seemed far more interested in the current situation with the stock.
The analyst pointed out that the stock, which is trading at 42 cents a share, is currently at its lowest point in a year. Hence, he stated that the current levels could well prove to be an opportunity for those investors who might now want to come into the Canada Silver Cobalt Works stock.
In this regard, the RichTV analyst also put forward a compelling argument. He demonstrated the price action in the stock in recent times through a chart and pointed out that it was not too long ago that the Canada Silver Cobalt Works stock was trading at 70 cents a share. The price had been seen back on February 1, 2021.
Hence, it is fair to say that the stock might bounce back from its lowest point in these many months. Hence, it is also necessary to keep an eye on the stock and perhaps take a look at the RichTV video as well.
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