CDU 0.00% 23.5¢ cudeco limited

spring has sprung chart thread !, page-42

  1. roh
    4,061 Posts.
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    Now only 101 days to commissioning of the crushing plant.

    jumpstart,

    CDU operates in two spheres ; mining development and exploration either of which can surprise. I anticipate there will be an accelerated release of announcements/ updates and drilling results.

    What has surprised me is the constancy of the short position which, through all the up swing, still remains as of 6/9/2012 at 5,449,084 shorted shares.

    Charlie123 is of the opinion that the shorted shares will not be redeemed. If he is reading this, he might like to give his reasoning.

    It is getting very late in the day to redeem such a large short position in a market where low volumes are the order of the day.

    If the shorted shares do have to be redeemed on market ,as they should be, then watch this stock go.
    ======================================I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.
 
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