today and possibly the next two days in CFE as well as most other mining stocks. When a huge dividend is paid, tax-loss selling is almost guaranteed.
I guess China is no longer interested in Aussie mining companies, the world economy is going into a double-dip recession and the Gillard government will make no compromises on the mining tax.
Ignore the fact that CFE has more cash in the bank [and due]than their current market cap, and has mining prospects worth conservatively 500 million to one billion, depending on how well they prove up.
Thank you to whomever sold me CFE shares today for $0.335. The Doomdog Super Fund will be looking out for you again.
Cheers,
Doomdog
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