CMR 0.00% 15.0¢ compass resources limited

walking dead now that cobalt has weakened, page-17

  1. 2,957 Posts.
    lightbulb Created with Sketch. 624
    Cmr is dead? you mean oxides is dead - always was with the slump in metals prices as is half the mines around the world - at these prices only the huge will make money. - this is not news however - if you believe metal prices will stay here then stay away from all the small miners! - Cmr however is far from dead thanks to HNC's support - which wil keep us afloat long enough for prices to have a chance to recover. If metals don;t recover were sunk, if they do then we have a shot at sulphides etc and the debate will be about dilution only. For mine this dilution is already factored in to the shareprice and some. - At 20cents its a ticket to sulphides now with HNC allong for the ride - or taking over - either way a safer punt now than many others.
 
watchlist Created with Sketch. Add CMR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.