re: Ann: CAP: Further Success at Hawsons Iron...
not at all cap news was good for us metal prices ,rudd and the general sentiment of the market are killing us at the moment.
in a nut shell cap was looking for high grade iron deposits on pems land at broken hill which they have found now pem own a 49% share of it if they help with development or cap can buy it off pem for a million dollars the choice is pems
please correct me if i am in error in anyway
personally i hope they develope it as it looks like a low cost operation at this stage
ive been thinking very hard what to do with my pem shares for awhile now obviosly a bit to long cause i am now down to my initial buy price after seeing it at 75 cents at one stage the comapny is cashed up and sp will raise with metal prices regardless of rudd i just wonder if there are stocks to be in as the market corrects especially small some of the small caps
not advice just thinking out loud
PEM Price at posting:
35.6¢ Sentiment: None Disclosure: Held
