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I thought I saw another shadow :-)

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Leto3

515 Posts.

14/10/14

09:40

Post #: 14120108
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Originally posted by hereandnow ↑

I used to read this forum avidly. There are/were a lot of intelligent and articulate posters who are/were clearly knowledgable about mining and mining copper in particular. It is such a shame this forum has degenerated into such banal bickering. Lots of tedious point scoring.

Surely it is all very simple. The SP graph has followed the classic pattern of junior mining start ups. Terrific gains as the resource is proved up, a long slow decline as the time to cash flows and the capital required to get there is realised, and now we are wondering along the bottom of the curve as we get close to production. Once production starts and cash flow begins the SP will grow as it becomes easier to value the company by income, profit and the long awaited dividends.

I am here for dividends and am waiting patiently. I never expected any production to start on time or on budget…..when does it?

Back to the shadows now for me. Good luck to all share holders..just remember WM is one of them

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I thought I saw another shadow

CDU Price at posting: $1.39 Sentiment: Buy Disclosure: Held
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