CDU 0.00% 23.5¢ cudeco limited

cudeco and high frequency trading., page-73

  1. roh
    4,061 Posts.
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    gjcl,

    Wayne McCrae has been the driving force in successfully getting CuDeco to mining.

    I look at other companies struggling to survive and there are a multitude of them in the mining stocks and, unless conditions change, their prospects are grim for many, many years if ever.

    Critics of CuDeco should think long and hard about where CuDeco is compared to these other companies.

    One would not want to have money tied up for years in a dead end company with no prospect of going mining or paying dividends.

    I have been criticised for saying this before but this is the truth of the matter and ,in reality, few ever get to mining or pay dividends.

    Two years ago, I decided to sell my other mining stocks fortunately most for more than I paid for them . I could see how increasingly difficult it was becoming to raise capital and informed the forum accordingly.

    I retained my CuDeco share holding as I believed in the capability of Wayne McCrae to raise the capital and mine Rocklands.

    That belief is now being fulfilled.



 
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