Contango Ore, Inc. (CTGO): A Bull Case Theory

We came across a bullish thesis on Contango Ore, Inc. (CTGO) on Substack by Junior Resource Investing. In this article, we will summarize the bulls’ thesis on CTGO. Contango Ore, Inc. (CTGO)'s share was trading at $12.86 as of May 12^th. CTGO’s trailing and forward P/E were 4.97 and 10.17 respectively according to Yahoo Finance.

[caption id="attachment_1229150" align="aligncenter" width="768"] Aerial view of a gold mine in the mountains, trees reflecting the light from the sun.[/caption]

Contango Ore has unveiled a promising preliminary economic assessment (PEA) for its Johnson...