CCC continental coal limited

Hi all, in answer to the original post, I am out as of today at...

  1. 1,369 Posts.
    Hi all, in answer to the original post, I am out as of today at 8.9. I actually think the price will go up from here in the short term but that is all. Anyway, I didn't sack this stock because I am impatient, I sacked it because there are much better stocks that have been belted that I have more faith it making it back on. There is far too much murky water on CCC. I appreciate Mihal's posts and I only have myself to blame for this sh!tter so to the marginal people who attack him, please lay off the bloke. Broken timelines, marginal projects, china looking dodgy don't bode well for me. Plus the fact they can't just seem to concentrate on one thing (columbia coal). Then you have the expensive salaries and then the poor reporting. Debt situation - who knows?? Having said that, I have the luxury of buying mid teens so am not in the same scenario as many poor folk who bought at sickening levels. There are plenty of stocks producing, ample of cash, good management etc that mean I don't have to be here.

    oh yeah, and then you have the director's buying pitiful amounts = no material announcements in short term. Yeah, no thanks
 
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