report, page-10

Kiwi has never held this stock Pete.

At least not that I'm aware of.

He's here discussing the pros and cons of the companies latest announcement regarding Dewitts mining right.

He has backed up his comments with links to official reports and documents even quoting specific page numbers to make it easier for others to check his comments for themselves.

I think if people had taken notice of him and a few other posters like him, when he first posted on CCC back in mid 2010, instead of another popular poster, then there would probably be 10,000+ fewer sad stories like yours.

http://hotcopper.com.au/post_single.asp?fid=1&tid=1402766&msgid=7936567#.Uip0H9Ie1u8

Just one of MANY examples of what I'm talking about.

Sadly, mob mentality ruled and the mob paid dearly.

That's the facts.

I always read the negative or questioning posts and consider carefully any info they provide when I have money on the line. That's called prudent risk management.

The mining manager Kiwi speaks of - has worked all over Africa and indeed the world. He has a high level of experience in many types of mining operations.

The comments regarding the trucking of coal 45km to Delta Rail Siding should be investigated further as that will dramatically impact the NET PROFIT (not gross profit) of any mining operation conducted at Dewitts.

Net Profit is what CCC needs to generate so that S/h get some kind of return on investment.

Gross profit is meaningless unless costs are also considered.

One thing's for sure - a certain trucking company stands to make a motza if it goes ahead... but will the shareholders of CCC make a motza ? that is much less clear at this point in time. But judging by CCC's past efforts, probably not likely.

VMR are in this for VMR - they couldn't care less about Aussie Shareholders...

That's what everybody seems to be missing.