CDU 0.00% 23.5¢ cudeco limited

cudeco shorting activity, page-224

  1. roh
    4,061 Posts.
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    Doogs,

    Cudeco is progressing well under top management. This is a long term investment for all of our six family members. The share price to us is irrelevant . When the quarterly dividends start flowing that is all we are interested in.

    When I look around at the dire state of other mining companies and compare them to CuDeco, it confirms to me that I am on a winner with CuDeco.

    The installation of the ball mill is indeed a major milestone as is the power plant to operate it . I am looking forward to the building of one of the largest gravity plants in the southern hemisphere to handle the coarse native copper abundant on Rocklands.

    The crushing and processing plants are no tin bit operation. This is a serious business operation which will reward shareholders well with quarterly dividends for many, many years.

    As for the shorting, it is legal technically but morally that is another matter particularly if it is used for nefarious purposes.

    The two directors gone from the ASX operated a company Manikay Partners in the United States charged with malfeasance with shorting activities and Manikay were fined with a substantial amount.

    If what was being done illegally in the United States, what are the possibilities of similar practices here? The Senate inquiry could sort this out.



 
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