I think that most shareholders who were going to sell or had to sell have already done so at these prices.
Some holders like me have seen more than a 60% loss on this stock and I know many people have been hurt badly. I feel deeply for those that have had to sell and get sick of the "i told you so's" with 20/20 hindsight.
If you still hold this stock I believe that you will do so until you see some sort of return on your investment. If you have not been forced to sell yet you probably have been in a fortunate position.
That being the case why sell Now. If you are still a holder then I see more upside now then at any time in the last two years. A mining licence should be approved. A definitive feasibility study should also assist the SP. Further drilling results could prove promising. The data room results will be food for thought for investors.
If Cudeco does have what WM and others have stated then mining will see the truth revealed. A takeover may come now or in the future but those that still hold after all that has happened to this stock will not give up their shares easily. This is supported by the fact that it is reported that the top 30 shareholders sold no stock even after the crash following the Jorc announcement.
I would like someone to convince me why I should crystallize a large paper loss now or wait until the true extent of this resource is revealed. Even if Cudeco have no more than the current confirmed resource it is worth far more than the current share price. Convince me that I am wrong.
Cheers to all long term holders keep the faith.
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