is cfe being capped?, page-39

Hi Nursery,

Again, I wasn't saying that the CFE is being capped, only that SP manipulation, or attempts at manipulation, does occur. When I stated that it was unusual for big sellers or buyers to telecast their intentions so overtly, it was meant to be taken as just that. I wasn't inferring capper.

You also seem to think it never occurs, which I feel is a little naive. It's true that almost every stock on HC will have posters calling capper when the Sp is either low or falling. It's also true that in just a few of these cases, it's true. As is the case here, it's almost always impossible to tell most of the time what's going on.

When you refer to 'an offer for Africa', were you referring to Marampa, Mayoko or Pinnacle? As far as CFE's other investments not paying their way, it would be surprising if every single one of CFE's many smaller holdings hit pay dirt. I don't think anyone would realistically expect that. On the other hand, many of the projects such as Leichhardt will be multibaggers. Lady Annie, and more recently NiPlats, by way of example.

I remain confident that CFE fits neatly into W.Buffetts 'buy into strong growth companies with good cashflow and wait for the market to catch up' category.

Peter