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0.00% 3.0¢ codrus minerals limited

cdr...very sad...its all over...administration, page-21

  1. TRIPLE8
    1,377 Posts.
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    08/08/08
    17:43
    Post #: 4091374
    Sorry to hear that Klutz. The value of shares at 8c before going bellyup not that significant for me. But the turnaround has turned into a turnoff.

    Many of us legitimately thought we had a lifeline till 09 but it all meant nothing. Investors including me will need to be very careful about companies that are loaded with debt and are dependant on refinancing periodically to survive.

    I am not bitter but I will still keep an eye on things to make sure we are not un-necessarily leaving value on the table.
    CDR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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3.0¢ 		Change
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