CMR 0.00% 15.0¢ compass resources limited

research trip to batchelor

  1. 69 Posts.
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    Hello fellow CMR watchers. This is my first post. I have actually been a HC member for a few years but foolishly initially joined with my name as my username, hence the new user. I only read the CMR posts, and particularly enjoy the many eloquent posts of Olympian.

    Some history on me. I have held CMR for many years, since about 1998. I have only sold once when I needed some money to buy a share in a Queensland caravan park near a famous Barramundi fishing spot. I now have about 110000 shares, and like many have been astounded at the steady decline in my holdings worth.

    I am still a believer in the future potential of this company’s mineral reserves, but must express my dissatisfaction at the recent management failures.

    With all the current uncertainty surrounding this company, I am seriously considering a research trip up to Batchelor next month to see if I can find out how things are progressing. I hope to alleviate my concerns surrounding CMR and find out if indeed it is time to be buying up stock at perhaps bargain prices. If I make this trip, I will provide a detailed report on my findings on HC and hopefully help alleviate many of your concerns too.

    With this in mind I would greatly appreciate any suggestions people have about who I need to be talking to and what I need to be looking for when I head up north. I think I recall someone else reporting on a visit last year? Any tips from that poster?
    As a CMR shareholder, what sort of rights do I have to visit the Browns site and ask questions? If I just rock up, should they be obliging? If I call them will they try to put me off?
    I am also not sure of the location of the mine in Batchelor. I had a look on Google Earth but I think the pictures are old. Any tips?

    I would like to be helpful to all CMR watchers, so if you have particular questions are advice please feel free to post them.
 
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