CCC continental coal limited

attn: mihal, page-2

  1. 261 Posts.
    I cant speak for Mihal but i have to say that this thread is a bit out of line.
    Mihal is obviously optimistic on the company and its product and we all need to give him and the company a bit more time before judgement.
    There is no doubt that the company today is stronger and closer to becoming a highly profitable company than it was a year ago when the share price was a pre consolidation price of 9 cents a share.
    The share price today is where it is because of a number of factors including mine nationalisation debate and the threat of another global financial crisis.
    Continental coal shares have been diluted to acquire valuable assets and as a preferable alternative to going into excessive debt.
    There is no doubt that if the world prevents another global financial crisis and the comapny's Penumbra project gets up and running with positive cash flow that the company's share price will rocket.
    Remember the old saying here that in the short term the market is a voting machine but in the longer term it is a weighing machine.
    Good luck to all holders.
 
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