CMR 0.00% 15.0¢ compass resources limited

bad news good news, page-11

  1. 7,486 Posts.
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    I asked a few friendly Qs at the AGM and when I got a "we dont need PR" and a "advisors have told us there is no advantage in dual listing on the TSX", I simply gave up.

    Fortunately tho a few others were less polite and asked the curly ones I wanted to hear ... but again no satisfactory answers for mine.

    As for ongoing concerns, am sure they have learned to look into here for snapshot's of the front line's morale.

    The board seems a bit shell-shocked and directionless for mine atm and is showing the wrong "face" wrt to what its going to take to achieve Olympian Ark status IMO. They seem one-dimensional and would not know how to proactively row in perfect storms ... not that many without serious cash backing would anyway now. Lots of good projects floundering in the credit squeeze atm. So they aint alone and unusually outa the norm, but they aint showing Olympian traits as I gave them credit for. Still time to change tho, but not long, and maybe GT coming back onto centre stage may change things a bit ... tho not sure what he really would prefer, his 10% pa from modest starter earnings or a default by default haha. He is Olympian at least cos IMO he has placed himself in a no-lose position haha.

    That aint my concern tho, once again his pro-action / action saves us ... BUT we remain at the mercy of them who would love to rape and pillage us ... THATS my ongoing gripe. And that latest "leak" outa HNC telling THEIR shareholders what OUR shareholders didnt know without first referring to us ... NO EXCUSES ... and another ominous example of unfriendliness, like their unheralded dump at 410 last year.

    But then again WE really cant gungho on global song and dance until WE are CONFIDENT ourselves we can make a buck out of it. GT's move tho shows some kinda "hedged" CONFIDENCE and market shows some kinda temporary relief. But I continue to believe we are being SET UP for a
    "friendly relief takeover" ... probably partial ala AII MO so it appears friendly and palatable. The Chinese know all too well this would be the BEST time for such .... with manufactured sector rotation from resources to financials happening and all these delays and uncertainties causing us distress.

    As I said before, maybe some aliens should offer me a job in Hong Kong to advise on how to rape and pillage aspiring yet floundering Arks with great resources and non-Olympians at the Bridge ... HEAPS of them around all waiitng to be victimised. Or maybe I should open same office to attract alien investment monies into ensuring these minnows are able to achieve Ark status. That would be morally more satisfying to me. But I would need good company for educated conversation amongst local hostesses ... like Olympians of old haha.

    Bottomline ... if CMR cant succeed from here, then what chance others in the ozzie XRA ??? But it aint gonna be easy from here on.

    Thought for the day ... if u have a coupla hundred grand in unencumbered funds, u can semi-retire like a millionaire (ratio basis ie 1 will get u 6 in buying power) in Yunnan Province and in the company of as many hostesses as u like haha !

    Reckon I would take that 3.50 bid myself now with that thought in mind. 20 bucks a night for 4 star serviced "apartment" with breakie included and fast internet connect ... Lijiang. And took no time to be adopted into two "families" last time. Dont know why I'm still here!

    IMBOOC
 
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