CCC continental coal limited

stevo123 - I sold out a few weeks ago as well and put into MNM....

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    stevo123 - I sold out a few weeks ago as well and put into MNM. You might have a chance of getting your funds back - that's what I did, if I dont then I would have lost nothing really because I would have lost it in CCC anyway.

    I cannot see CCC surviving now. There market cap is too low and will struggle to raise funds. Any raising will be at rock bottom prices. Take a look at either NAV or NMS and you will see that when the time comes to raise funds, it will be at around 2 or 3 cents based on current share price. It is the only way people will invest. Then after the raising the stock will go down further to around 1 cent.

    The board know CCC is in trouble and I think even if they do come up with the 10 Million they need, it wont be along before they need funds again. Jason Brewer is also into KAB which I also invested in and got out of as well because they have done everything back to front to what is the normal way of running a business.

    I think also CCC tried to hide the true position of the company by remaining listed as an investment fund rather than a miner thus the reason no one can figure anything out.
 
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