IP,
Those posts of yours could earn yourself a lawsuit. Do you really want to go down that path?
I've been trading for over 35 years now, so you should keep your opinions about other posters to yourself.
How about you discuss the merits of the stock for a change?
The success or failure of all stocks in the mining sector comes down to a combination of resource, location management, and luck. The luck being in what prices are the minerals, especially when the miner first starts producing.
Look at the processing plant that POS just picked up for a very cheap price. It was only operating for 2 years before being put on C+M due to the downturn in Nickel prices. If it had been owned and built by a small outfit with loans, the company would have gone bust. Because it was a larger concern, not a real issue. Yet it was built in the first place because all the metrics lined up.
In Cudeco's case, we the investing public don't know the metrics of this development. The company continues to miss published deadlines, has not released a full costing and timeline to it's owners, and proceeds to act like a private company.
The long term holders who claim everyone not fully on board as downrampers and shorters, miss the points that some of us continually raise. That being.........
'Act like a mature company that respects all shareholders like most other mining companies do'
That being as has often been repeated, release the DFS. give the owners a proper timeline for various points of completion, plus a costing of such. Also, as we are mining, a description of what we have mined and stockpiled. A statement of "nearly 1million tonnes in the stockpile" is not telling the owners what they have.
This thread is looking at why the SP action is different to the 'normal' cycle of mining stocks as they develop from explorer to producer. The answer is simple, they don't inform their owners what they should be. If they did, and everything was as rosy as is portrayed by all the pretty pictures, then the SP would be much higher than it currently is.
Therefore occams razor, the simplest answer is usually the best, not all is going to plan. Whatever the actual plan is, as they haven't released it to the owners.
The lack of DSO sales, after so much time after the given date to shareholders, as in it was only 3 months away last November, yet more time than that has elapsed since the expected date, has to send up a red flag to all holders.
Obviously, not is all as it seems, something has gone badly wrong for those DSO sales to NOT happen by now. Yet the owners have no explanation from management, zip, nada, except for the ubiquitous 'soon' or 'shortly'.
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