CLE cyclone metals limited
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Ann: Significant Iron Mineralisation Intersected , page-30

  1. Proofreeder
    487 Posts.
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    14/09/10
    20:15
    Post #: 7197207
    re: Ann: Significant Iron Mineralisation Inte... doomdog,

    I like everyone else am hoping for a sudden jump in SP. Regarding your theory, here are the implausibilities IMO.

    Firstly, if the share is really worth a dollar I seriously doubt investors would be deterred from purchasing due to a large build up a couple of cents north of the current price.

    Secondly, sitting back and waiting for more upgrades and JORCs is certainly not what I would be doing. If the company is as undervalued as your scenario dictates, I would be launching a bid ASAP for fear it will approach true value, especially with more resources proven up in the future.

    But I sincerely hope you're proven right and I'm proven wrong ha ha.
    CFE Price at posting: 38.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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