CDB 0.00% 0.9¢ condor blanco mines limited

cdb - who wants short term price acceleration?, page-37

  1. 198 Posts.
    This stock will never recover whilst the smell of poor management hangs over the company for the foreseeable future. Take it from me who is a former experienced CEO and MD and Board member of ASX listeds in this space and the industrial and mining services space - the way to garner SP support is to get the institutions buying and participating in your capital raises and I can tell you they just wont touch this stock with a forty foot pole right now or into the future. This company needs a new CEO/MD, a new board member with deep industry experience and funder contacts (not an alternate director with a history of poor board room skills), a new strategy and plan to stop skinning investors and actually deliver on some small wins. This will take at least 12 months to complete - so the stock will remain in its current form for at least another 12 months while she all limps along. I was once told by a well recognised investment fund who take positions in ASX listed Small and Micro caps - "you fail to deliver just once and your support evaporates for a year". I am not downramping as I am a share holder but unless something changes on the management side as suggested then this place goes nowhere for the foreseeable future. I am just being a realist.
 
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