Bilbar, this is Oly's GORM that he refers to often and people...

Bilbar, this is Oly's GORM that he refers to often and people ask about frequently. I had some time free and re-posted it for others.

On CMR....I am a strong believer in strong LT growth. Apart from old management stuff-ups, which was very dissapointing, they have been over-reacted to sp-wise IMO, there has also been a wee bit of sharemarket turmoil and anything slightly negative has been punished. So CMR has been smacked around a bit from all angles. Things have developed since then and there should be first metal in July. Despite sp worries the OXides is all most done and sulphide studies moving along, with HNC putting in the over-time. Then satellite ore bodies being fast tracked to use existing infra-structure. Then U.

I have doubled my holdings recently because of the share price. I beleive the stockmarket is anything but efficient. Index's may be closer to efficient, but individual sp's very rarely are.

I am a longterm investor and I don't care what your chart says.

choice