CMR compass resources limited

info, page-6

  1. 2,970 Posts.
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    Trying to read between the lines.. second announcement no more informative, sounds like a plan B in motion. What was plan A? - corporate most prob or further cash injection by HNC? either way this feels lame and late. hardly pro-active. Survival should be fine given history and timing but not going to add more till the cap raising. Why buy at 15 when I can get more at $10.50 at the raising,( where did you get that Cuzo? - it sounds right) if raising fails why buy at all? - not likely given pna's recent success I know but only so much risk I'm game to take. Get the the cap raising away and should last us till things turn - less than 6/12? who knows? Don't believe this will be the last cap raising but dilution is AOK at these prices anyway for me. One thing for sure - will build some cash between now and then - could be the comeback of the century!
 
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