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23.5¢ cudeco limited

Ann: Assays for Bulk Ore Processing Trial, page-260

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Askari

5,577 Posts.

18/12/14

03:40

Post #: 14478316
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Originally posted by h00ts ↑

Unfortunately all the posts prior to JORC release have disappeared so I cant quote any spefcic posts or posters but it was widly touted and expected by the Flag Waivers (and I was one at the time ) that 30mt at 3% cu not cu eq in the highest JORC measured category was " in the bag " with a gazillion tons above 1% in the indicated and inferred on top of that = The price tanked because the JORC upgrade that was going to vindicate the ASX nobbled 2006 resource statement was a monumental disappointment and way under what the market was expecting - A few posters with GEO background and possibly ones who had been involved with different companies over the years obviously with the benefit of hindsight from the shell shocked punters new better.

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http://www.theaustralian.com.au/bus...907985007?nk=2f4850807224c2e5ac57cf2e5f3aa589

Haha! I remember the day this happened. Mixed with the constant deadline extensions, over budget spending, lack of communication, and misleading information I'm surprised everyday this stock gets promoted so hard on this forum.

CDU Price at posting: $1.34 Sentiment: None Disclosure: Not Held
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