do they know?, page-23

""Nev makes it very clear, in I think his first report who sits on the JORC council and I believe placing paid employees of major mining houses on such a team is fraught with danger and that is the very inference that Nev makes in his report.""

Nev said many many things in the past which failed to materialise, including the one that we were all going to become filthy rich by the size of the JORC that was going to be released after that famous AGM talks. Unfortunately for us though, and while many of us were waiting with baited breath, (including me of course), what came out from that JORC didn't even come near the figures that he was circulating around at the time, and many investors found themselves in the poor house as a result of it all. Some of them lost their families and their houses if we are to believe what was written at the time.

There are a couple of posters here that got caught in that mess and with the margin lendings as well, if my memory serves me correct.

I can still remembers the hyped up talks of at least $150 dollars per share with dividends to follow of at least $6 or $7 dollars per share and more, which were to be paid quarterly to make it sound even better. But.....what happened there.?? Did the wheels fell off the cart.?? What has Nev got to say in his report about all of that.?? Has that been included in the papers sent to the Senate Committee.?? Maybe I should ring John (Williams) and tell him to make sure that he will read all of that as well before he will make his final recommendations.

I can also remember very clearly about the group of Shareholders that he was trying to form at the time in order to stop that pesky XStrata people from doing a takeover on us and pay us just peanuts for our extremely valuable shares. But that has clearly become another one of those fallacies and backyard talks during a backyard barbeque where many beers and reds were consumed along the way and in the euphoria. I may have to remind John of that as well, just in case he will miss it.

If I was as sure as Nev is and as sure as many posters here are that we will all become filthy rich with owning CDU shares, I would sell everything I own, including the my dog Jewel, and buy CDU shares. And why just buy my full entitlement at $2.50 per share and not taking up as much as possible of the shortfall.????

Unfortunately though, many did go down that road at the time and where are they now.??

A little more reality, and not just pies in the skies, would help a lot and IMHO, it is highly recommended.

Now, and for what it's worth, you can all fire away. In the end, it doesn't really matter. Because, what we say here is just nothing more than baseless talk. After all some of us enjoy dreaming and some of us prefer to look at reality.

Good luck to all and sundries.

Cheers
Buddy134