What surprises me is that we havent seen some of the bigger companies do what CFE is doing ,taking stakes in dozens of smaller companies with good deposits ,for a pittance during the credit crisis .Its just so cost effetive . JID ,I think the failure rate for many of these smaller companies proving up resources is very low .That is different to picking a target and living or dying on the result .Sage has a good geology team to choose the cream ,and I think more like 90% of them will be winners . Many of them know roughly whats there they just need to prove it up . Mick ,it was probably more excitement than being scared . I suppose my analogy was probably not the best ,but If you arent excited by what CFE are doing and the mispriced SP ,then you havent done enough research .
CFE Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
