CCC 0.00% 0.1¢ continental coal limited

5 reasons to hold ccc for me, page-74

  1. 482 Posts.
    Mihal,

    I've been a great admirer of your posts over the years.
    You've provided some great research to the HC Community.
    I'm sure some of the posters here would have used your research to invest in Conti or other companies at some point...

    I know I've asked this question numerous times, and we seem to be going over old ground here.

    In you recent posts didn't you own $0.5M worth of options prior to consolidation? and been averaging down at 10 cents+ on heads.
    We all know options are a dead duck, with 5 mths to go. In fact trading at 0.005 cents...worthless...huge loss to some holders..Do you think they will still be in the money by end of Feb 13, 2013

    Now your working 3 jobs? I'm sure with your intellegence your professional at your field. Any reason why so many jobs?

    Also more of a personal question did you happen to sell out your options for a capital loss? Reason being is I can't see your name in the recent Top 40 Option Holders List?
    If so why did you sell?

    You mentioned in a post a few mths ago that you occasionally have coffee with JB and some Conti directors. For someone that has lost $0.5M you seem very relaxed having coffee with Directors, and have kept a positive slant on Conti and Management...Do they have any views/thoughts on Investor sentiment with Long Term/Current Holders?

    Has Jason explained the $10M gift raising to which hedge fund it will go to? Also the purpose of the raising..
    Also since macro economics have taken a plunge, i've asked Jason this a few times he seems to dodge it like bullet, what is Conti doing to reduce costs?
    i.e. lower salary, redundacies etc...
    Most companies are reducing costs until the demand for coal & pricing lifts. Should Conti be any different?

    Personally, were all in Conti to make money. I doubt anyone has made money on this except for Management....maybe Hairy,and the two Hedge Funds....



 
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