"aka prove to me that there is (1)no ncu or(2) minerolisation [sic] in waste material.and (3)that xstrata dont want rocklands :)"
Prove to me that a) Rio Tinto don't want to buy Telstra. b) The Gold Coast Suns won't win the flag this year c) The Aussies won't win the Ashes d) you can spell mineralisation ;)
Of course this is a reductio ad absurdum. Logically, being unable to disprove a proposition is not the same proving the proposition. But investment isn't a game of absolutes, it's a game of empirics.
There is no evidence for missing native copper, or that Glencore are interested in CDU. In fact, if we analyse the facts, we know that Mr McCrae suggested that Xstrata (as was) were preparing a takeover bid in 2006, which Xstrata denied at the time. If they were preparing a takeover bid, then 7 years seems a long time to wait. Empirically, you'd say that there is no evidence that GlenStrata is interested.
If you believe that these things are true, you are acting on faith, not reason or proof.
CDU Price at posting:
$1.66 Sentiment: Sell Disclosure: Held
