Didn't one broker place a valuation of $25 per share on CDU some years back? I think the assumptions behind that valuation are just as speculative as the assumption that CDU might not be able to extract the copper profitably, or will only leave a profit of 10c/lb of copper extracted. But WM's reaction to each case has been very different. I think if WM had been more consistent in his stand against wild and inaccurate claims and valuations a lot of shareholders would be financially better off today.
CDU Price at posting:
$2.11 Sentiment: None Disclosure: Not Held