CDU 0.00% 23.5¢ cudeco limited

townsville port, page-49

  1. 14,914 Posts.
    A couple of things.

    Jumpstart, you and I are on the same page. A stock doesn't move like CDU has without there being some kind of reason for it doing so. If you look at what CDU are doing, I can find plenty of reasons why this stock might be being accumulated and we all know, that's when stocks really go up.

    In my opinion CDU has that X-factor about it with the potential upside in grade of their resource, plus the exploration upside is huge.

    As far as a cap raise goes, cap raises are not the end of the world as some of the non-holders would like it to be perceived as. Cap raiese are a normal part of a stock's life. CDU would be using any cap raise money to make more money. Nothing wrong with that.

    And I don't believe CDU will have any problem whatsoever raising the money needed to go into production. What they are sitting on in the ground is not your average bit of orebody. This orebody is top shelf..
 
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