PDY padbury mining limited

ann out asic and asx this is serious, page-47

  1. 2,068 Posts.
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    Easy question -due to some doubts in the movers n shakers of the market.

    FMJ traded from 20c to $4 on announcement of a world class potash mine backed by a Madame Cheung in about 9 months of the first listing of FMJ. Some doubters in HC questioned who this Madame Chueng was but there were not movers n shakers so the 'world class' n Madame Cheung went unquestioned for more than a year sp went to nearly $4 before FMJ was forced to disclose Fraeda Cheung.

    FMJ then annouced its going to buy two world class potast mines n the stock went into suspension for more then two years pending approval of new prospectus. FMJ became KPC which just came out of suspension three weeks ago after more than 2 years in suspension n finalisation of the acquisition of the two mines. Heres history repeating itself. Just because it went into suspending the stock was treated with taboo.

    KPC holderscame to accept Madame Cheung as fair dinkum now she will try to acquire a third major world class potash mine still holders sold the shares for nicks. Yeah orneous in those who read announce an make decision for themselves no one to blame. Nobody forced your hand to press the buy button.

    Just be prepared is all i am saying. Good thing for me i didnt invest my house on either FMJ or PDY but i bought more KPC on the cheap. Market can be quite stupid does not see value when its staring at it.
 
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