CMY 0.00% 0.5¢ capital mining limited

mc 4.7m, ev 4m, heavy ree+goldcopper.go figure, page-69

  1. 470 Posts.
    Hobo-jo, if you bought them 6 months ago for 5c, what has changed since then to make you want to sell at a loss? If anything, their assets have improved! Also, the CMI deal should actually be good for CMY even though the shares are diluted by 50%. They have now secured funding for drilling at many of the sites...then everyone will want to JV with them to do all the mining..and we'll see it go to 50c. Also, as Google said on another CMY thread "CMI a company which is diverse in the mining industry overseas/China. They were literally looking for a shell and they found it with CMY. A very cheap Australian entry point into the Australian resource industry for a little over $2 million. This company is going to be used purely as a back door listing for some very nice resource plays". (I think that should have read $3.2 million)

    The way I read what Google is saying, is there could be some very interesting acquisitions & capital raisings going on....which can only be good for shareholders and the growth of CMY. All looks good to me!
 
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