CCU 0.00% 5.8¢ cobar consolidated resources limited

trading halt, page-57

  1. 12,639 Posts.
    Timbin4,

    Big thumbs up to you.

    El Capo is the biggest joker on the hot copper forum as far as I can see with his unlimited constant changes in his projections.

    One minute he says the top for Silver was going to be around $32.50 next he says $35-37 now he say's $40 and all with enormous confidence and arrogance attached to it.

    Why not just make it $100 and get it all over and done with LOL

    Oh but wait! He then says that he still expects Silver to drop down to $20!

    On top of that he say's "And still no change in my final pullback low level of around 33c which should take place in 2013." Which he is referring to the CCU price.

    What EC fails to understand is that if the price of silver remains as high as it is today or higher then the profit level's for CCU once in full production will be exceptional. There is no way that the price will drop down to 33c which is the price it was 1 year ago UNLESS the fundamental's change for CCU.

    If the fundamentals do change to the degree that the price falls down to that level then it won't be a buy for me in any case.

    EC really has no idea. That is obvious to all of us.

    As far as EC now stating that he doesn't always get it right. Well I can tell you that only a few weeks ago when asked by someone else"Are you saying that you always get it right and can pick the exact top and bottom of a trend" He said YES, so it appears that EC has once again changed his mind.

    How is it that I am not at all surprised about that LOL..










 
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