CLR carabella resources limited

what's happening with clr?, page-8

  1. 1,576 Posts.
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    Yeah now that many of the macro concerns are gone, the CLR share price was always going to move back to pre-crisis levels. The high levels and aggressiveness of the movement up suggest to me that CLR may be in play. It seems almost likely now, considering that it was only 6 months ago that NMDC was openly in discussions with CLR, and was quoted as beng regarding a take-over for a share price between $1.1 - $1.5.

    http://business-standard.com/india/news/nmdc-to-acquire-two-coal-one-iron-ore-mine-abroad/463791/

    Now they can start the bidding process at a 50% discount to those numbers. Interesting times for shareholders guys as I can sense this is going to sky rocket.

    I am the Iceman!
 
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