I've away from this stock for a while now but have always traded in and out of CDB since seed stage with a nice overall profit from this stock. Look I admit that the Coal Project under Paul C's guidance wasn't the best idea and he also created an issue with the $1M debt funding when it fell through. A shame to see CDB stock price fall so far but I guess that's how the market reacts to situations like. Having said this, Company's needs to move past these things.
It now looks as though CDB is starting to show a positive new direction. New projects picked up in Turkey which could prove to be very promising. I know that many of CDB pessimists are going to say this has happened before with other projects, but I think that this could be a winner for the Company. I've invested in other companies with projects in this region at seed stage and have done well.
Lets wait to see if some more news follows as we could see some more meat on the bone over the next week or so.
DYOR - Good Luck to all who hold!
CDB Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
