CFR
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0.00% 0.6¢ cluff resources pacific nl

There are alot of factors here in play and yes it could pay off...

  1. Hussy
    2,074 Posts.
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    31/07/08
    15:31
    Post #: 4058206
    There are alot of factors here in play and yes it could pay off but when?

    In the end i think it will pay off but is the end in 2-3 years

    You guys all read the report the allocation of mining leases is slow and there are so many there for the coucil/government to go through

    On top of that the infrastructure is not there

    How much is that going to cost to get up to scratch if they did get IO out?

    The trucks are old bags and need upgrading too

    ATM nothing will happen and if it was they will do a cap rasiing to get funds

    But that time is not near i think
    CFR Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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