CDT 12.5% 0.4¢ castle minerals limited

Ann: RC Drilling Commences at Wanganui, page-29

  1. 490 Posts.
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    Good Point Stone and Atkins both in Azumah and sold out .Azumah was a great mine no brainer for development .Azumah have about 8% (i thik 8)of CDT which are effectively Ibera capital who did the hostile takeover of Azumah . For mine Stone and Atkins are simply mining exploration guys they have no interest in developing mines .It seems they go in set up company's own shite loads of shares get it to saleable concern sell out and onto the next ,all the while they are financed by Ibera capital or similar who get a great deal cheap. Everyone's a winner except for normal shareholders who think they are buying into the new Fortescue. If CDT finds a commercial mine look out for Ibera giving capital for shares as they go along and eventually get control cheap . Have a look at the Azumah story . Just saying need be wary when to get in /out . not advice dyor
 
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