I'm not sure this will go anywhere for the foreseeable future however as the JORC wasn't the upgrade we hoped it would be. CDU has been well over $2 for months based on previous announcements of OW buying in and the Mingsheng loan. CDU thrives on announcements as the market does not trust the company given the past issues Ie 2010 JORC, and I can't see any big announcements due?
I think we are now having to wait until production in 2014-2015 to see any SP over $2.50. CDU has made me a lot of money on paper the last two runs but I foolishly held on and ended up with a loss. I'm out for now.
CDU Price at posting:
$2.00 Sentiment: None Disclosure: Not Held
