movement at the station Think your right straycat.
Sellers now being picked off and not much selling left.
Buyers still scarce but first time for many months buyers are paying up to get set.
As at last quarterly report they had $3.6 million in cash and I believe still have a heap of Pursuit Dynamics shares worth about $2.4million.
With a market cap of only $5.6 million downside is very limited in my opinion as cash and PDX shares alone equal market cap.
With the wave power unit surely very close (pictures on website) and the mine in Gambia plus hopefully Senegal things may finally be about to happen.
Pacific Hydro backing of wave unit is a enormous plus I feel.
Dont forget that not only are they hoping to generate electricity but the unit can also be used for desalinated water. Massive world wide appeal if successful.
Like many others I have been waiting and waiting but things seem to be falling into place finally.
I am waiting for 10c plus though
Anyone hearing anything ???
CNM
carnegie corporation limited
