CPL 0.00% 2.2¢ csl finance plc

What am I missing here people? CPL is a great company with...

  1. 109 Posts.
    What am I missing here people? CPL is a great company with proven resources(with plenty more to come), great management team with a proven track records, excisting inferstructure with close proximity to underused rail and port, scoping study proving profitablility and Patersons' analysts giving us a target price of $0.60 (which only includes current JORC resources) not to mention they also said that CPL is the easiest recommendation in the coal exploration "UNIVERSE". Yet we cannot seem to break through the $0.35 barrier. With all the above info, CPL is one hell of a bargin at these prices. A while back I heard a major share holder was going through backrupcy and was forced to sell off his shares. That was the eplenation for the drop from $0.485 to where we are now. Is it possible that is still going on and that is whar is keeping us from breaking through. It's the only thing I can think of.

    Don't get me wrong, I still have complete faith in this project. I'm here for the long haul and I know I will be greatly rewarded over the next 2 years but sometimes I like to vent when things aren't adding up.

    Can't wait for the upcoming announcement's and TSX listing in 3rd quarter. Both should create huge interest in this great project.

    JGo
 
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