CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Lithium Project in Greenbushes-CMC.AX, page-19

  1. 3,119 Posts.
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    @traydor I was in GXY for years too, bought at 80c and more as she dropped, bought some more at 5c and a good portion more at 2.5c on debt restructure and GMM deal (it was blatantly obvious what was happening). GXY was a complete dog back then as @Thesi would know, but if you watched it all develop closely you can see things other can't. I made all my monies back and much more.

    This stock has similarities and a lot of serious potential on multiple fronts, we have a facility thats mothballed and need that running to add asset value back, really need to see that magnesium cranking soon in china to de-risk the whole operation.

    I believe this will be back at 6c in days, we are also due an update on the China facility
 
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