Spot on mate, I was in CCC from 6.5c and out 7.5c when she gave way to the traders games.
Happy to announce I brought back in this week for the long haul with plans to top up and accumulate as funds free up on other holdings.
Why now? We for those who have done their research on CCC and know the market know EOFY is once of the best times to pick up a bargain. Botswana (not factored into the current SP) is funded and nearly underway, production increasing quarter on quarter, Penumbra, De Wittekrans getting prepared, floating on the UK exchange etc...
I have watched CCC tick every box and meet their goals over the past months to the full credit of an experienced and COMPETENT management team. Don Turvey, hats off to you.
The move to get into the US bond market was a very very intelligent move by competent management. This will enable CCC to take some heads off the table to combat any need to consolidate shares, allowing the company to grow into itself. Nice work...
CCC is a long term stock, you need to give it time. By the end 2012 CCC will be steaming ahead and everyone will be saying "oh I remember when they were 5c and I sold!" Cmon be honest, we have all seen it? I know I have.
This is one coal boat I am not going to miss. I am wrapped to be back on, wrapped to be in cheaper than my last entry and are excited to see some Botswana results.
I will accumulate, feel free to sell them to me as you write off your losses for the EOFY.
TIME - FEAR - GREED
CCC Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
