PHO 0.00% 3.0¢ phosco ltd

silver play?, page-13

  1. 2,453 Posts.
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    Backontrack, don't backtrack.

    It all depends on how you measure 'success'.

    If you're going to measure it by the capital gains made from listing til now then you must also include the options and partly paids. These cost next to nothing and were offered to everyone who held.

    I would call the acquisition of a world class phosphate deposit that is being fast-tracked towards production as we head into a global food shortage a massive success. So too the addition of CBA and African Lion to our register. We're all in the game to make some money but we have different time frames- the success as I see it will be better reflected in the shareprice in the near future IMO, despite some wanting it immediately.

    Also consider that in the current market turmoil, CNL has held up better than most.

    I reckon you're onto a good thing, you are a holder afterall, but look at the whole picture. The shareprice will sort itself out after September IMO. In the meantime it's called a great buying opportunity. If your as big as CBA then that means you have to 'massage' the shareprice to get your stock. It is what it is.
 
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