Pual, I totally agree with you. I too have been holding this stock for years but I think our patience will be rewarded soon. As you can see, we know that someone has been capping this stock at 33cts to 35cts range for months with the hope of fristrating people like you & me & the small Jackson Minerals shareholders.
We have to ask ourself. Why would the Chinese put in $10 millions ? Why would the Korean gave CXU $6 millions to drill South Australia? Why Tony Sage get involve personally as Executive Chairman? Why Cape Lambert & Tony Sage is holding a majority stake in CXU?
Tony Sage strategy is always to find undervalue company, firm up the Jorc resources & then sell the company. Don't forget, he has many contacts with the Chinese & the Chinese will be looking for more uranium resouces for their newly built reactors in the next few years.
I will not be duped to sell my holdings. Everyday, the same old tricks happen. When the SP moves up, someone sell it down with a few shares. It's not too hard to have 2 companies , buying & selling to each other & frustrates the S**T out of us. Anybody who wants the stocks with a majority stake will has to pay up eventually once the drilling confirms the resources we have in the ground in WA, SA & Argentina & we start drilling this month.
CXU Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
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