A very typical pattern here. A low, then a rise, then a re test of the previous low, drawn out over months. Looks like a pattern of higher highs and higher lows is beginning to develop.
CHM.C is breaking out on record volume!
The company had $4M in cash at the end of May. The enterprise value of CHM is about $8.5M. Options (.06, .10) and warrants (.50, .70) were issued at significantly higher levels than current stock price. Insiders and consultants hold over 35% of the float.
Cannabis sector is starting to wake up a little but it is the...
