CMR compass resources limited

they are playing with us, page-5

  1. 2,463 Posts.
    DISCLAIMER – I went to the pub for tea ---- and I had something to eat as well - but back on my soap box again

    Pete
    You said “I am posting this as I am extremely concerned that our share trading is being manipulated by those whose agenda is questionable. My suspicison is that our share price is being purposely reduced in order for an impending takeover”

    I am likewise concerned - despite reassurances from co hot copperites who I do respect, for mine - a bid/takeover is also the only concern I hold for the future of this company – all other logistical environmental issues for mine can be worked thru – as I see it – the only way we can be denied the opportunity to continue to participate in this real wealth creating odyssey is to be squeesed out via a takeover.

    Most of the other craaapy companies I trade I would be jumping with excitement at that thought coz I’d sell it to anyone for a profit -- but not with this little beauty – its not a craaapy trader – it’s a wealth creator

    Ok metals prices are taking a tumble but you get that and we are well below fair value for the oxides alone – the Mt Fitch uranium results speak for themselves but they were hardly released in an in your face way and the latest results from browns east were so buried in a verbosity of understatements they were nearly as hard to find as the results from holes 1- 9 Browns East – buried in the last quarterly. Remember that quarterly – it contained info that could have been released as at least two stand-alone market sensitive announcements ----

    Why would you do that? Here is an extract of a reply from Tim Boreham (Criterion at the Australian) after I suggested he needs to improve his research skills “I'm engaged in daily journalism -- not broking research and don't have the luxury of devoting weeks of research to a stock.” He offered much more and I will happily email copies to anyone as I did the company on the proviso you don’t publish them.

    The company has a copy of his reply yet we continue to hide our light under a bushel (don’t know if that is the right way to spell it or even say it – me mum used to tell me not to hide me light under a bushel or something along those lines and I never really knew what she meant till now – nor did I ever think I was hiding mine under a bushel – I thought I was hiding it behind me zipper).

    Reality is – why are we hiding our great info in verbose understatements and quarterly’s etc. – Maybe there is a reason for it but Westmoon put the question at the last EGM and if it is intentional they could have said so and I for one would have accepted it. Instead - Gordon asked for ideas to get better media cover coz he was at a loss as to what to what more can be done.

    Interestingly – perhaps naively, I emailed the company asking if they thought our share price presented a concern re takeover etc and have emailed on at least two other issues since – and received comprehensive replies to each – but still zip to the takeover potential –maybe it is just something they can’t speak to – I don’t know – but for me – it remains a concern and I can not see why we are not summarising the positives of our releases in an easy to comprehend dot point introduction followed by the detail so that journo’s can easily comprehend it and belt out a story - rather than burying it in a verbosity of understatements - even going so far as to bury it in quarterly reports.

    Just dont make sense

    BTW - not thinking of selling at all - am in for the long haul coz for mine - the only thing that can stand in our way is a takeover - can't think of many investments where the only downside is potential of buy out - at a premium of course lol but I think it is something we need to address
 
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