CLE 0.00% 0.1¢ cyclone metals limited

oppies worth 36mm bucks in the money, page-3

  1. 37,286 Posts.
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    hi ryan

    when ding "dong" agreement fell through it knocked the wind out of the sails.

    since then investors have been weary, which is pretty understandable..

    but since then some things have improved ie: resource

    CFE have said they'll hangout as long as possible before they bring in another major investor, sounds sensible to me.

    IMO two things will happen in the next 6 months

    1) 2 billion tonne resource ( 700mm tonne concentrate 60%fe plus).

    2) major investor..

    so if you've got patience and prepared to bury contract notes in the back yard for a year or two. you should be sitting on a decent profit.
 
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