I sold NML at a profit. It was obvious things were going wrong. I also did very well from buying and selling on its ups and downs over the years. It was very sad to see what happened to that stock as yes i was a big believer in it but its management caliber was unfortunately nothing like the management of CYL. It was very sad to see Ian Holland tied up in its demise, IMO he did not deserve to b a part of it.
I originally bought NML for Tandarra and the hope some of their other projects would get on up.
Google a couple of the longer holding directors from NML and see what other companies they have/are involved with that have also disappeared and/or have almost gone... I will NEVER buy a company again that has that particular director involved in it ever again...
Its either bad luck for him or something else may or may not be going on...
Never listen to anybody else except yourself when you making your financial decisions and do PLENTY of reading and research. Seek your own advice if you need to.
Put me on ignore if you wish but I am and always have been extremelly bullish on CYL its managemetn and its future. I will and always have bought the dips.
Gold is now over $2300 an ounce US so one might assume that a 'gold rush' is on its way into these junior producers especiall in Australia where POG is now over $3500 an ounce.
Have a look at the CYL chart,the gold being produced, and the history of our management team on a world wide scale such as Newmont, and and to me its a no brainier!
GLTAH+DYOR
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Last
$2.17 |
Change
0.110(5.34%) |
Mkt cap ! $489.9M |
Open | High | Low | Value | Volume |
$2.10 | $2.18 | $2.07 | $835.3K | 392.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9917 | $2.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.18 | 7302 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 444 | 2.120 |
1 | 2370 | 2.110 |
2 | 8381 | 2.090 |
1 | 7000 | 2.070 |
1 | 15366 | 2.060 |
Price($) | Vol. | No. |
---|---|---|
2.180 | 7302 | 2 |
2.190 | 4618 | 1 |
2.200 | 26511 | 2 |
2.210 | 4300 | 1 |
2.250 | 25149 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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CYL (ASX) Chart |