How funny is it that all those past posters who stated I knew absolutely nothing about this company and its History an Track Record along with its past performances seem to have vanished into thin air and there was heaps of them who continually kept attacking the messenger only to be proven wrong on every occassion, yes I do feel for those who have lost truck loads on this stock but when someone has been part of the furniture for so long maybe they should have taken on board what was just pure facts and honesty in trying to help others.
That being said, over the past 6 years when one analyzes the company in detail all one finds is a company that has struggled in all facets to become successful and for good reason when one delves deeper into their background such as I did in 2016 going way back into the transfer of names of the company in 2010 and the off shoot companies the directors were or had been part of, thats the very reason i could see this company for what it really was imho a lifestyle.
Unfortunately a lot of people have lost many millions of dollars investing in this dog, but only because they either listened to those who were ramping or did not do enough research or maybe both.
I have stated many times how this company is nothing more than a cash cow for those living a nice lifestyle, one only needs to look over the track record since the Consolidation period to see how the company have destroyed the SP and diluted shareholders holdings by well over 75% the SP is currently trading between 1.4cps an 1.6cps, Post Consolidation price hitting 6.8cps and the reason its SP is back in the gutter is because the company has failed to deliver anything of value back to its shareholders except dilution so as they can continue the lifestyles they have become accustomed to imho, funny thing that.
Oh by the way mining studies in 2016 and again in 2022 history repeats same old story just a smoke screen to the next stage of bullsheet to suck more into the Vortex of rinse an spin.
But of course all this is imho except for the facts one only needs to research thoroughly to find those facts or read through what I and many others have been saying for many a year.
CZN Price at posting:
1.7¢ Sentiment: None Disclosure: Held
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