RES 0.00% $4.61 resource generation limited

This is nothing like CFR. CFR was simply a gamble and the...

  1. 349 Posts.
    This is nothing like CFR. CFR was simply a gamble and the percentage play that you took out as a position in CFR should have been based on your perception of the surrounding tenements, geological formations within the area, everyone wanting another NSL run and simply NEAROLOGY.

    CDS has a resource 40klm's from Eskom powerstation, shallow dig and the last thing I heard was that there is a tiny little coal shortage in SA and CDS has the potential to be a prime candidate in filling this void.

    Additionally, CFR has little to no cash and we are positioned for the next 12 months to prove up the resource and start producing. imo the only time they look the same is if you haven't done the research and are simply following rumours
 
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