CMR 0.00% 15.0¢ compass resources limited

Dominion Mining was $6.50 last year now $2.20 ... they make...

  1. 2,899 Posts.
    Dominion Mining was $6.50 last year now $2.20 ... they make serious profits

    Independence Group was almost $9 last year now $2.40 .... they make serious profits

    Oxiana was $4.20 last year ... now $1.75 ... they make SERIOUS SERIOUS money

    This ain't just a CMR thing , the whole resources market except a few lucky co's ( BHP,RIO,FMG ) has just caved in. And even the lucky ones are 25-30% below recent highs. Just ugly. Get out and stay out until the economic dust settles.

    ( Buy listed property at 60c in the $1 if you judge the balance sheet strong enough ( sub 40% gearing ) to survive)
 
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Currently unlisted public company.

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