CLE 0.00% 0.1¢ cyclone metals limited

Ann: Significant Iron Mineralisation Intersected , page-45

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  1. 487 Posts.
    re: Ann: Significant Iron Mineralisation Inte... PortfolioPlus,

    I'm happy to smoke the peacepipe mate, I don't have any problem with you (or doomdog for that matter). I'm disagreeing with two points that are continually raised as a discussion, not a personal attack.

    Firstly the idea that the presently low SP is due to powers that be "capping" it. I don't believe this to be the case or indeed possible.

    Remember that maserati guy (I think it was) that insisted on all that crap about Chameleon having to give up all it's potential winnings, and it was proven he had absolutely no idea what he was on about. Well this is a different scenario, and I'm not saying anyone is talking crap but personally I just do not see how it is feasible to blame the SP on company's "capping" it for such a long period.

    Secondly:

    "#2...AWARENESS is like colour, it comes in many colours. I am saying very emphatically that there are very, very, very few investors out there with a strong grasp of all the detail so as to genuinely ascertain the real VALUE of CFE much less understand and appreciate the business model.

    This most cettainly includes the boffins working in insto land. They may be aware of it and it may be on a few watchlists...but they don't fully understand it and/or aren't prepared to invest the time to understand it when they have their pet favourites in any event."

    I understand perceptions are different. However, my argument in this situation is people say cash backing is equivelant to the market cap, which as far as I understand is accurate. Therefore, everything on top of that is gravy. Are you someone that agrees with this? If so, there is little to no ambiguity, it is cut and dried, to quote another poster, great reward for no risk. IF this is the case, which to be honest I doubt because it can't be that obvious, then anyone should be able to work this out.

    Anyway, like I said, nothing personal, if you want to respond feel free, if you don't want to waste more time on it fair enough, I've wasted more than enough too. Like I said to doomdog, I just hope the price rises to what we all hope it will, then our posts can consist of less arguments and more patting each other on the back. Cheers.
 
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