CMR 0.00% 15.0¢ compass resources limited

cuzo-i stand corrected , in part anyway,it wasnt an attack on...

  1. 294 Posts.
    cuzo-i stand corrected , in part anyway,it wasnt an attack on the poster, but on the theme, thanks for your iformitive post in english as some of the posts on this thread i suspect are so abreviated and complicated that most ,even regulars dont understand them.
    my personal view are that i looked at cmr 2 years ago and from memory and huntly they were over $6,now i liked the story but i also , from my personal viewpoint thought they were more than fully priced at that point, i was looking for a stock to punt that had a good chance of gaining 300% in 12-18 months ,arnt we all,, but i found lyc and went in at 34c and out at $1.32 and the reason i came out was i had read about cmrs mess and share price retreat, on the basis that the new management would get there act together ,even although there is usually a time lapse before it shows.the diff between success and painfull investments is small sometimes,the diff between buying cmr ay $6 plus and taking the path i did , at the moment is 1000%, scary
    so i am in at $1.66 and for me that is a price where there is a potential for a lot of upside and not much risk.
    as previously posted by others the share price manipulation of this stock is amazing,and doesnt make much sence to me
    i suspect these upgrades are going to affect the s/p strongly hopefully upwards.
    there is one issue , the importance of which is overlooked a lot , that is our jv partners who seeem to be happy beavering away and must be up for aroud $100 mil at this time,as these are serious people i consider that a very positive issue,getting someone to finance the whole thing and leaving us almost debt free, big bonus
    good luck to all of us next week, the future starts there
 
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