CLE 0.00% 0.1¢ cyclone metals limited

where's yield, page-13

  1. 156 Posts.
    Actualy I dont think he will be selling even it doubles or triples unless a takeover is made at the right price.

    Like the Oz metals tips that were spruiked here the one that he intends to bail out in the near future, is according to Sagey is absolute rubbish.

    He aint going anywhere folks, this is "his baby" to quote him. He has long term plans to take it to $500M in size then $1Billion with himself at the helm.

    Time will tell if he can keep pulling deals like Cape Lambert out of the ether. Can he do it again with the Seiera Leone Iron Ore project i.e. Drill it, get a big JORC, get the infrastructure investors in China to bankroll the train line and Port upgrade and then flogg the project to the Russians and/or Chinese for a 100%+ gain?

    I have few doubts that his strategy with CopperCo is to fix this very good but troubled (short term) project and flog it for double what he has paid for it.

    I like the strateg.

    After I sell out of IGC at 40 cents or thereabouts, I'll be plowing it all back into CFE, but I dont dont see CFE doing too mach on the excitement stage before 1 July 09 at least so there should be plenty of time to duk back. May even have pulled by then but no matter, it seems good value whether you pay 24 or 35 cents in the bigger sceme of things.
 
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