CPN is not getting paid based on the Romanian property at all even though it looks huge. The market is having troube wrapping it's head around geopolitical location depite Gabriel and European Goldfiefld being there. The vertical hole into a porphyry announced Nov.22 is a good indication of the potential, but politically the region remains unstable.
CPN remains to be a play on the Brazil property going into production. I think that Dino (President) has done a great job of financing this portion of the project with debt. IMO, until this get closer to production it is not to move in a big way.
I would keep a reasonable timeline and perspective on this one. Also take note of the market cap.... she isn't small.