funny days, page-7

Well I have no idea! The sleeper is the stamp duty assessment and I wasnt all that impressed with the way that was addressed in quarterly update. If I recall there was some veiled suggestion that NT govt should come up with a reasonable assessment to support the huge investment in NT or something along those lines. Anyone that has ever dealt with state and federal tax people knows that this is the last thing on their mind. They just want $$$ and the more the better. After all these resources will get mined even if HNC falls through so what incentive is there for the govt to make a low ball assessment.

I am bullish on this long term, but a bad stamp duty assessment would cause havoc. That might explain the shorts on this.

If you buy CMR, think about its value in 5 years, not the next 6 months.