cuu and the potential , page-8

Hello AleaxanderLloyd, everready, TJ and anybody else who reads the CUU thread on HC. It is about time that we as shareholders { maybe or maybe not } had a good look at the posts on HC recently. Pirra will restate an earlier post. THIS STOCK, listed on the ASX is a complete GAMBLE ie PUNT, just like a lot of other also ran companies on the ASX, f you can pick 1 out of 10 you are really doing well.

Quote

"re: drilling update ? (pirra96)
Forum: ASX - By Stock (Back)
Code: CUU - CALLABONNA URANIUM LTD ( 0.9c | Price Chart | Announcements | Google CUU)
Post: 5558636
Reply to: #5556356 from AlexanderLloyd Views: 58
Posted: 26/07/10 20:34 Stock Price (at time of posting): 1.1c Sentiment: LT Buy Disclosure: Stock Held From: 124.182.xxx.xxx
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Hi AlexanderLloyd, seems you made your investment in CUU at the wrong time, hence your reference to the drop in sp of 68% since the merger. Unfortunate really, but one makes an investment on one's DYOR, otherwise they put up/shut up. Not that Pirra has made some bad investments, we all do, thats the reality of trading on the ASX.

However, in this particular case, CUU or previously MKY, the investment by anybody is really something of a gamble, PUNT as i have stated several times in earlier posts. Your reference to making a $100k investment in a bank, compounded over several years is also relevant, IF YOU OR AN INVESTOR wants to go down that track. But any portfolio, ANY INVESTMENT PORTFOLIO should have a mix of

1. Land and property, preferably commercial
2. Solid share portfolio with companies producing good dividends
3. A self-managed SUPER FUND, where your cash sits
4. A certain amount of SPECCIE share investments
5. Punt a small amount of your net wealth, the choice is, Toooo MUCH around
6. Every individual investor has a different regime

Pirra has the above, but my most positive investment is REAL ESTATE. Do hold a lesser amount in solid shares, and did the very important thing, DYOR into a company called ARU way back in 2005, invested heavily, am now free carried in that company and sit in the middle of the Top 20.

AGAIN, have to stress, we all have to do our DYOR, yes looked at MKY several years ago, made a few short term trades, but do believe that the current sp of around 1c is a VERY GOOD PUNT. Am holding a few mil at this price, so lets see what happens. One of Pirra's favourite statements is PATIENCE, you need a HUGE AMOUNT of PATIENCE to succeed in the stock market.

AL, best of luck for the future, WE ALL NEED SOME LUCK.

Time will Tell. Always does"

Unquote

Now, lets just leave these stupid comments out of the equation. My holdings of a couple of mil of CUU is simply a PUNT, no less and no more, am actually looking at buying another mil as cannot see the sp getting down to $0.005, but then you never really know, but the ASX is better than the horses or other types of punts around.

Good luck to all investors, at least if you lose you have a tax loss.

Time will TELL. Always does