CDU 0.00% 23.5¢ cudeco limited

notice received ? rail deal, page-37

  1. 1,570 Posts.
    "With all due respect Phoenix, I was replying to Roh"

    Charlie it's a forum mate people can read and reply to any thread they choose,that's the idea of the forum.Otherwise we would be emailing each other.Your comments were unfounded so i responded.


    "I look forward to reviewing your production data, hopefully its more than all the hot air posted on the QMN thread by long suffering holders!"

    CDU hasn't had it's fair share Charlie?

    CDU were 02.5c in July 2005 and then went to $10 (intra-day) a year later.The cause of the surge to $10 was spectacular drilling results from Rocklands.Somewhere between those numbers Charlie a lot of investors who are just like you and i got badly burnt.So Wayne and his team,(even though i do like certain aspects of his style),aren't the be all and end all.A lot of people would disagree with you on that count.

    In 2006 during this surge the ASX stopped directors exercising there options and suspended CDU for a week and requested it to restate it's resource figure.This restated figure was less than half that originally stated and with the difference reclassified as 'a more speculative target to be assessed through further drilling.

    When reinstated the stock slumped to $2.28,down more than 75% in TWO trading days.So i think there would have been some hot air posted (as you put it) on the CDU thread by long suffering holders then as well.

    I believe CDU is a good stock but i think your last post showed a little contempt toward QMN holders that needed to be addressed.

    If someone posted something like that on QMNs thread about CDU i'm sure they would get the same response from CDU holders and rightly so.I'm also sure your a nice guy but i didn't respect those comments,based on the fact that QMN does have quite a few very good leases,actually more than CDU but granted QMNs management have let us down so far.

    Good luck to you Charlie and CDU holders.
 
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