capital raising, page-7

Laser

Good to see you back and posting again. Your sentiments are fuelled with logic as always. I for one am eccstatic that the three placements were completed in this fashion. For the reasons cited in your post but also because an issue to "small" (if though somewhat loyal) shareholders may have created fluctuations and possibly weakness in the SP (a la Patterson's debacle in not too distant past) with many tempted to trade. In this way, these are far more likely to be held, they will give CMR greater international exposure and ensure that directors' credibility remains high as their vision matches the expectation of their long-term holders.

I purchased more shares at under $1.85 and could have had more had I wanted them.

I continue to read all posts with interest and as a long term holder I can afford to LOL at some of the short-sighted, downright silly and at times mischievous posts by those with agendas that are not put openly on the table.

I entered this market when CMR was at 19c over 18 months ago. I saw the vision then, and nothing I have seen at any stage since that time detracts from the notion that we are on a multi-bagger even from these levels.

Finally, in answer to the comment posted here a few weeks ago that "you people who bought in the teens can afford not to be worried", I will say only this.
Had the author of that post also purchased at 19c then he/she would most likely have been out at 30c anyway. The real question that drives level of profitability is, are you a trader or a holder?

As a holder, my worth today is at over 900% of my total investment. I am comfortable with the nothing short of sensational performance of CMR. Forget comparing to the ARU's and PDN's of this world. In the weeks and months to come CMR will be the benchmark that the others will be measuring thenmselves up against.

Oly has been the true analyst here and despite his hellenic mumblings and his cosmic smoke, he speaks with wisdom which is based on research. One could be excused for making financial decisions based purely on his posts. He is having a well-deserved break.

The long journey continues, but the waters are calmer, the sun is shining and the tickets to board the ship are becoming more expensive. Why would you disembark now?