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$1.08 cardinal resources limited

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Atlas_J

531 Posts.

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04/06/19

21:23

Post #: 38908474
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Originally posted by 2ic ↑

I spoke with someone who has knowledge of the situation but only today. what I was told and passed on is not really market sensitive or "inside info". The background is illuminating but really just common sense regards what was released.

Taken at face value today's ann says as much. New tech inserted into plant increases recovery and saves money. It is good a thing, various sellers will take advantage of it and long term buyers will take advantage of them. The delay disappointing but as I explained and a non jaundiced observer would deduce, just one of those things. Not planned, not incompetent, not out to screw shareholders or benefit insiders, just one of thise things.

let's all be honest, CDV is a medium term value play waiting on DFS and funding, mine build and/or takeover. short term traders should be elsewhere, long term players should expect some weakness and games while things play out. All juniors are captive to manipulation and selling prior to FID and then production. If there wasn't a risk of takeover I'd still be sitting on the sideline waiting for the final cap raise.

If CDV is not double todays price in 2 years I'll eat my and yours. I hope it comes with a TO sooner but it sure beats interest in a bank.

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CDV Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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