CANDORADO OPERATING CO V.CDO

What's the story

[Brian72]

Hi All
I heard about this company from Wildman2 on the CRE board.  Just wondered if you cou,d give me the coles notes on this company and why anyone would invest in it.  Thanks in advance

[CrashSurvvivor]

Safest thing to do is wait for the Annual Meeting on June 13, 2011. Lots of questions should be answered by then. Or, take a gamble at these levels, because if things pan out the way they are suppose to at the meeting, it should be the start of a steady rise to over .10 (or the equivalent if the share consolidation goes through). Also don't see .025 - .03 lasting much longer. Mineralfields is

[CrashSurvvivor]

re my comments:"The major things to consider right now: the proposed 5 for 1 share consolidation; the take-over by rumored new investors with deep pockets and market experience; a possible change in management with a new president who is a good and reputable geologist."I should add tha if those things don't happen (i.e. change in management, new investors taking over), then CDO will

[Brian72]

Thanks Crashsurvivor for the summary.  Also thanks for any others that will post.  At CRE Joe has crippled the sp I bought in at .33 and thought I was doing well.  This week it hit an all time low at .17.  Same position thought that Joe is nearly out of shares - I hope so as it would be nice to start seeing green instead of red all the flippin time. Regards