I think the list would be huge - But lets take just one example - Sure it's an iron ore producer - but lets put the emphasis on 'Producer' unlike Cudeco.
I'm talking about Atlas Iron - AGO - They've got $400 million in the bank - Not certain if they own their own equipment - but who cares. They have an average daily share volume of $12 million going through versus $300,000 daily for Cudeco. A year ago Atlas was around $2.89 a share - today - 0.90 cents - They've done nothing wrong - production's solid and their price doesn't get manipulated daily - it's left to live and die on its own. There's a history of mid miners over the last 12 months with their price in tatters - but not Cudeco - A year ago it was $3.65 - today $3.53 - Yet they haven't pulled a rock out of the ground yet - You don't smell manipulation at work here?
CDU Price at posting:
$3.46 Sentiment: None Disclosure: Not Held
