CBH 0.00% 7.2¢ coolabah metals limited

onward and upward, page-24

  1. 155
    148 Posts.
    If your in this stock for the long term You should be laughing all the way to the bank in a years or so when all this market turmoil is over . I traded this stock on and off about twelve months ago and it was sitting around 55 cents had been into the high 70 cents , Then the subprime debacle hit for the first time and the sp has been declining ever since . However the company itself has only gotten better . Endeavour will produce more at less cost , I worked there for seven years and Rasp mine in Broken Hill is just waiting for the metal prices to rise . If in twelve months time the prices are back up to last years levels , the market is back to where it was before subprime crisis and Rasp is producing then this should be above one dollar going on history of the sp . At current sp that means almost ten bagger , But as I said along way to go from here and alot of patience required . Not ramping as I dont hold any stock , I dont have the patience .
 
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