CMR compass resources limited

1.50, page-21

  1. 7,486 Posts.
    lightbulb Created with Sketch. 515
    Some of u negative spinners obviously have not taken the time to read whats in place (or really dont want to) and ready to rock once oxides start. And many still miss the point oxides is just that, a starter project. If u want to see a similar evolution road likely, check out typical oxides / sulphides increments with OXR from 10c eg and realise what their market cap is now. CMR at maturity is likely to be bigger IMO and without the sovereign risk.

    And yeah, HNC will take all the Co-Ni concentrates and probably all the Lead as well (later from sulphides) whilst Copper will be sold to the LME and at 6 bucks / lb coming up if u take note of the metals gurus. Surprise no-one speaks of the uranium either.

    Market cap is RIDICULOUSLY low and once wall of worry is over, share price should IMO immediately spring back to 200 dma for first pause. Techno trigger I am waiting for re the leveraged traders gungho is 192+ Meanwhile happy to keep whisking physical away at these prices for the M/T tenbagger I can see thru the cosmic smoke ....... ahh that cosmic smoke, pretty good with the first primary. Should be sensational with the thrid primary once we confirm.

    200 mill market cap bros is prob half of one percent of IGV ... and with a plant ready to kick off. Normal rating should be about 10% of IGV for a mature production ...... yet IGV is likely to increase ongoing .....and espesh with the third primary in resources leg.

    All reward / risk hey? Too much risk being over-killed in here with little regard for the mega-rewards ahead.

    Good to see ML are no longer substantial holder ...... that means Citadel almost out if not already. Good to see volumes picking up with green ... probably means final hedge fund bits going to serious long term hands. Wonder if Citadel are in trouble? Also good to see how HNC treat the CMR JV in their corporate reports on HKG SX. They have already done the defacto PR for us there so thats where we probably belong beside them for obvious comparison where the real money is.

    I am feeling much more relaxed now and keen to move up a notch with the traders once we get the nod from the bridge hopefully at coming AGM. This is a 30+ year production complex being set up so yeah "teething" problems due. No-one raised an eyebrow over Prominent Hill's massive cost over-runs, or BHPs or others'. Just unfiortunate sequence of events for us questioning our credibility ..... but then again, would we now be stocking up at such ridiculous market cap if otherwise. Two sided sword ...... Zeus sometimes works in mysterious ways for our benefit.

    Mucho taa to the US hedge funds for providing us with such cheap stock so close to production start. Gotta ask again ... is Citadel in trouble?

    IMO the Jungle King is about to become the Megabear Beast Master. Lets pray to Zeus for a smooth path from here. If not I will just have to double up like in a good manilla game. Waiting for past Olympian manilla players to join me ... where are u prodigal sons?

    IMBOOC

    PS U have to start getting serious about where yr money is safer these days ...... uncle Alf's latest nails it on the head once again IMO.
    http://www.kitco.com/ind/Field/printerfriendly/apr102008.html
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.