Perhaps this report of the 11th March, 2013, by the Ins... Tra... Team makes for some startling news for long-term CDU Shareholders. Is the Media beginning to twig on to the Rocklands Project at long last!!!
Believe it or not CuDeco(CDU) was nominated the stock pick of the week and was a technical buy special.
CuDeco(CDU) although falling during the recent bull run on the general market, doesn't look catostrophic considering Management just announced a potential resource upgrade. Also, a Director just grabbed some more shares. The I. T. Team reckoned it was worth a punt at the prices on offer for an easy 10% gain.
The Ins... Tra...Team provided this background to their report.
CuDeco Ltd. is a mining company that specialises in copper exploration and production. In 2005 the company purchased a mining tenement known as EPM 13049 which covers an area of some 2200 hectares. The EPM encompasses numerous old historical copper mines which have produced high grade ore.
"In 2006 the company discovered a previously undiscovered zone of copper, cobalt and gold mineralisation which has a strike length of over 1250 metres. The company is currently drilling the 1250m length of the mineralised zone which was named Las Minerale.
In addition there are five subordinate shears that run sub-parallel to Las Minerale with a width of over 1km. This zone is known as Central Rocklands and Southern Rocklands. The project within the EPM 13049 is collectively know as the Rocklands Group Copper Project.
Happy Trading."
cheers,
Max
CDU Price at posting:
$3.49 Sentiment: Buy Disclosure: Held
