CMR 0.00% 15.0¢ compass resources limited

hunterley report is out, page-18

  1. 2,463 Posts.
    Bit unfair to drag up what huntleys has said past 18 months unless once also says what he said years ago now.

    He has supported the stock for years - hung in there but the bozos in head office done him no favours

    Not going back into the bowels of "my documents" but remember the guy recomending cmr when I first bought at 55c - gottsa put it in perspective.

    Mate I drink with said the other day as soon as he saw the oxides update - they have sold it - Im buying more - why else would they release that when the price bounced - coz their new job is to keep the price down.

    Huntleys have in my mind now done us a real favour - he has set the base price for take over.

    I bought on his advice some years ago now and have now learned - buy on fundamentals - sell on technicals (or when directors sell)

    Happy to have bought when I first did - .55c just wish I sold when Malcolm Humpreys and GT did - or when that trend line from Nov 2004 broke - but I didnt. I sold well after and still made a wad. But I came back for more - rebought all the way up and sold most as we passed thru my buy prices - well we live and learn dont we. Still holding smaller numbers now

    Each to their own but I cant see CMR having anything to do with the sulphides now - Feel rather like am at a funeral to be honest - just wish it was a few on the board we were burying instead of the company.

    But she is a buy at these levels and Huntley has given us the take over price.


    That's my take on it - she is a takeover play now - even Huntley has alluded to that.
 
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