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23.5¢ cudeco limited

Ann: Ore Supply Agreement with Glencore, page-96

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stephenk

405 Posts.

16/10/14

12:16

Post #: 14133573
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Originally posted by ozblue ↑

StephenK,
There area lot of very good people who have a lot of money tied up in this stock. A lot of it due to faith. I've met a lot of these people, and you certainly should NOT be making fun of their current situation.

Sometimes people do make what sounds like outlandishly bullish statements, but they have faith which in my opinion is not being returned by the company. Making fun of people hurting a bit at present is very, very, poor form.

Hopefully Cudeco will turn the corner, but the continued lack of transparency, ie some dates when the money will start to flow into the company is not looking good at present. Selling ore to Glencore, despite the upbeat announcement, is not a good look as they only have permission to mine and process 3mt/a is my understanding, so sending some to Glencore is a signal to me that the processing plant is going to be delayed.
None of this is to be rejoiced, it is sad that good people are losing money.

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Actually, I can do whatever I want. Take a chill pill.

CDU Price at posting: $1.39 Sentiment: Hold Disclosure: Held
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