CMR 0.00% 15.0¢ compass resources limited

ZinpinHave a look at the post from people last week following...

  1. 824 Posts.
    Zinpin

    Have a look at the post from people last week following the delay and overrun announcement.

    You will see that Management and Board made a number of apparently misleading statements over a period 6 weeks prior to the shock announcement last week.

    When HNC dumped 6 mill shares at the end of June and spookedhe market about CMR, the Board issued a notice to reassure investors that the project was on time and on budget.

    But since that time there has been a lot of short selling and some analyst recommending "sell" on the stock due to uncertainties. There was also a post by a person known as "oldie" back in march that said the project was seriously delayed and unlikely to be in production this year.

 
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