CDV 0.00% $1.08 cardinal resources limited

Conceptual target upgrade 4.8M-8.3M ozs. gold, page-178

  1. 1,867 Posts.
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    I attended the Sydney forum yesterday. No new info presented. Compared to the other 4 attendee companies trying to promote and raise capital, Archie appeared to be just making up the numbers. Just gave the standard preso they've put up dozens of times. Emphasised who's behind it and some fund investors. He made a point they had $6m in cash and so was just here keeping visible, not to raise funds (my words).

    There was no specific agenda here. I assume he simply aligned a round of visits to his institutional investors with a favour to Proactive Investors who put the conference together to show up and to allow any questions from the floor.

    Nevertheless I appreciated the opportunity to hear him speak and got a lot confidence in the guy from it.
 
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