CMR 0.00% 15.0¢ compass resources limited

Geez this is tough to watch junle boys and gals but hang in...

  1. 1,041 Posts.
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    Geez this is tough to watch junle boys and gals but hang in there its all about fundamentals when it comes to investing and this one hasn't changed a bit, its just getting bigger.

    Cmon Oly and co, keep the positive spin coming I am sick of reading the depressing crap some others go on about.

    good luck to the believers!!

    This is something I found from a recent issue of StockAnalysis (aka Strachan corporate)thanks Berocca -

    Compass Resources has suffered a sell down by Chicago based
    Citadel Investment Group, a (formerly) US$20 billion Hedge Fund, founded by billionaire
    trader Kenneth C. Griffin. All I can say is good riddance to these blokes. These folk are
    not investors, they are simply momentum traders

    It would appear that Compass Resources has been hit. StockAnalysis values CMR at
    over $6 per share, with its copper oxide and uranium resources worth about $2.30/
    share alone, prior to adding any value for its huge sulphide ore project.
 
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Currently unlisted public company.

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