I bought into CMR a week ago because I believe in its underlying strength. I sold my holding right down a few days later when I saw the direction of the share price. As soon as I see a floor in the price I intend to be back in. I expect there are plenty of other buyers out there as well looking for an entry price. CMR has the potential that comes from holding a world class, polymetallic orebody. Unfortunately, the shivering bear only recognises reality, not potential. As soon as CMR can demonstrate the reality of significant production and contained costs, I expect the price to rally. Until then, I expect the shivering bear to show no mercy to distressed sellers.
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I bought into CMR a week ago because I believe in its underlying...
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