CMR 0.00% 15.0¢ compass resources limited

hunan to the rescue, page-21

  1. 7,486 Posts.
    lightbulb Created with Sketch. 515
    HNC want LEAD and COBALT for decades to come and they are securing such from geopolitically STABLE sources and can now use extra buying buyer from recent Forex moves cf RMB ... and have already shown us how smart they can be with delaying the takeover payout cash for AII. U guys can have mau mau land but I wouldnt come within parsecs of the DRC for anything ... instead prefer the PRC's newest State (Oz) which they are in process of buying from the yanks. I am a L/T fan of both of these metals AND URANIUM as u well know by now and have possies in both HNC's "targets", one of which they recently 75%-assimilated with "friendliness". Now that they have succesfully whetted their apetite, see no reason why they wont follow the same MO with CMR since they are already in the box seat. If u wanna hedge yr bets, u might consider being in both like me ... AII as a hedge against CMR haha. I have recently replenished my AII 83c partial T/O sales at sub 20c on market within weeks of receiving the cash ... talk about early Xmas gifts. I would have originally thought AII paper would be the way for a shark attack on the Ark but no need now given the RMB's recent appreciation cf AUD and CMR's PUSH DOWN with the obvious helping hand of some Manchurian canditates around (opinion only). Few months ago we would have LAUGHED at a 150 bid say, but what now ??? Manchurian Mission Impossible accomplished IMO no matter what happens next. What really irks is they will come out smelling sweet and we will be THANKING them for the Grand Theft! U guys can play the little waves all u like but I am trying to place myself in THEIR mindset and trying to pre-empt their moves on THEIR bandwagon, assuming the world doesnt completely fall in the GORM black hole (in which case CASH will RULE) or on the other hand, paper doesnt completely do a Zimbabwe burn (in which case the Royal family will reign) !!! Either way I call it open and as always subject to yr scrutiny and ridicule haha. Gotta say tho am now actually AHEAD on Friday's close on what I have been accumulating as core investment additions from 52c DOWN ! Shouldave waited a bit tho hey. Whatever u do, just keep in mind that in HNC's minds, the RJMF is effectively THEIRS to do what they wish with and they are 40% PRC owned so cash aint gonna be a problem. They are just "protecting" their investment methinks and now salivating at the thought of the U too I suspect. I have once again learned "trust" has no place in a L/T investor's lexicon, but am trying to salvage, HOPING we are finally zeroing into CMR's third primary start .... and hopefully coincident with a third primary start in the CRB / XRA some time in the next 6 months or so. Not outa the woods yet but finally can see some light thru the darkness. Unless this is a false move, can now see 2 poss breakaway gaps to build upon in this (hopefully new primary) wave start. May Zeus guide us. PERSONAL opinion as always.

    IMBOOC

    PS An independendent BID now would up the ante and although unlikely to be successful would prob keep everyone honest and come out ahead with a sale back at a premium IMO. I aint big enough haha. Good MO for bull markets but bit risky biz now u would think hey ?

 
watchlist Created with Sketch. Add CMR (ASX) to my watchlist

Currently unlisted public company.

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