CMR 0.00% 15.0¢ compass resources limited

clarity in the rear view mirror, page-9

  1. 7,486 Posts.
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    Tunners, the reality is there are two mega instos controlling 25% of this company sitting in New York and watching how best to develop their large holding's wealth. Probably a couple more in Hong Kong and then we have a number of very significant shareholders to add to 50% or so in their collective hands. A million shares day volume for them is peanuts. Yet they have been continuously adding to their positions so far whilst weaker hands have been losing their grip of the tree. Reactive daytraders have been regularly burnt in here and will continue to do so. This aint a 10 mill spec to play-trade with anymore. And the company isnt going to sensationalise drill results to pander to the D'Ters desires. No directors' specials in here unlike most. Look at the long term vision and likely evolution and apply yr reward / risk anaylsis and u will prob see it outweighed conservatively IMO by ratio 5 /1 in mid term, on fundamentals as even offered by the company itself. Further out u have to bring in the crystal ball re what metal prices are likely to do in a long term growing Chinese middle class momentum driver. Lotsa numbers in here and on the CMR website for u to play with. If u dont like the way some individuals like to jibber in here, just put them on ignore and stick to the straight and narrow like a blinkered thoroughbred in a stakes race, hey Ekiwi haha.
 
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Currently unlisted public company.

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