RE: RE: RE: Price ActionYou just know something big is about to break when the bashers creep out of their hidings, radar and the blind dog, sounds like catchy comedy title:)
Yes, CDO is about to be delisted, so please sell any shares that you might be holding (which I seriously doubt) and go away!
The big volume that brought down the rally of late November was non other than Joe D'Wreck, another one of his famous tricks, he just pushed it down with his last share, and now he's off to MTB as he's done with others before. And now that we have a clean slate, we're seeing the buying engine rev again and start it's way up. Investors see the potential here and are eager to take an early position in this.
Yes, CDO was down with cash and they did not analyze the core from Man Prime drilling of last summer, but they spent their last penny wisely, they renewed their option in Murphy Lake upto 2013 (a jv is pending there, possibly with Gold Fields) and did the best thing that they could of done at this time, picked up 2 fields in the hottest commodity sector at a cost of some lite os dilution, which is now drawing lots of attention and interest. And since we're talking about their 9 year story, we know about the Lithium fields in Quebec with results from 2007 (which is set for phase 2 this year)
Now you want the good news? New investors have come into play with interest of taking a 20 to 25% position in the company and are ready to proceed with sampling of the two REE fields. Look for a NR about this coming soon near you. That will take care of the cash situation and oh, finally take those samples to the oven.
Profit taking? Those who sell at .065 are selling out of fear, they can take their 2 cents and buy themselves an iPad (before the price goes up due to ree shortage:). Six months from now they'll be dreaming of ever buying CDO at .10 or .15 as I dare to make a prediction of a share price of, between .20 to .30 conservatively.