thanks ibbbz i was wondering where those milliopn shares came from..
makes good sense to have cfe as a long term hold.Probably the only stock i can think of not losing any money
it has no expenses from production or expansion
it has known costs of exploration and analysis
it has great partners in chinese at cln and cls
it has great possible partners at SL in evraz and chinese
it has income bearing investments above and beyond market rates
it has IGC shareholding
it has sage and turner who are as transparent as a kaleidoscope...lol
I would say in this ever devalueing market cfe looks pretty safe bet to survive and come out the other side a bit stronger thru accrual of assets and interest bearing investments...copper cant go any lower even if the market does so CUO assets are likely to be ours and will be a huge springboard when the copper / housing/construction area recovers.
short term it could go to hell with the general market but hey gotta be in it to win it.
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