DML discovery metals limited

Bubsmark Taking this in a new thread... The CP deal: 1....coming...

  1. 2,107 Posts.
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    Bubsmark

    Taking this in a new thread...

    The CP deal:
    1....coming up with a very good and lucrative number only for Boseto was only intended to pacify the bank loan in the first place... RED FLAG
    2. Sweet deals always happen to speccies when they are about to fold..PDY, CDB.....RED FLAG
    3. Cupric money included in the deal to keep them quiet and exclusivity of 3 months to CP.....RED FLAG
    4. Binding, my a***, without no DD or even before DD....and nothing on the mine-ability or profitability of the project.......RED FLAG
    5. The shorting numbers would've been astounding from 2012 onwards.....if anyone had any numbers on it, would be clear IMO. Again, the chinese/HK/European Financing mobs are an offshoot or holding companies without website (like Transaminvest).
    6. The Bank would've know that letting this flow would only mean that CP may pullout in the last minute citing bad grade any number of factors leaving them look like clowns, and didn't want to be played by DML again. So they said stuff it, with the new management not willing to garner any more responsibility for the stupidity of Exec who got fired last week from Stanchart.
    7. Found this last nite, CP management had made millions from real-estate and lost it all early 2000
    http://www.cupolas.com.au/cupolas-articles/1998/4/4/baths-in-hot-water/

    The bank pulled the plug knowing castlepine deal was fake in the first place (PERIOD).
    This probably was the only thought that didn't cross my mind and the some of you.

    There you have it folks.......Shorting by pre-empting failure by almost everyone connected.

    Most money were made by everybody from shorting last 1.5-2 yrs by Directors, SIs...what they were losing in their Top20 was a real loss yet insignificant to the millions that were made on the way down (through their x-y-z channels).

    Cupric, may have made a fortune too, without a doubt from shorting! $5M is peanuts, and wanting to stay in this game only to benefit their own agenda......or may have had good relations with the lenders!

    The lenders, will probably play with annual interest rates and admin fees of their banking customers, and will cover their loss without a sweat!

    The ONLY losers are bag-holding SHers!

    PS:
    1. I have lost money but will always cover it from others in my portfolio, losing to the extent of 35K, is my first time.
    2. I do a lot of research but no matter how I educate myself, a thief will remain a thief, and you and I don't stand a chance.
    3. Some of you may have been constantly lucky, but note that you will have your first time like I did yesterday, no escape from it...sorry for saying this, WATCH OUT!
    StockStar
 
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