For all its worth-CD new potentialCD has been trading for peanuts for a long long time and I believe for
many good reasons.
The uninformed market seem to think that CD is worthless company and
that's why its been trading at such low levels for many years now.
But that's what CF wanted the poor and lost market to think my friends
all along at least that's what I believe.(this man is a genius)
There are many reasons as to why I believe the market was discounting CD's value.One of the major reason was the fact CD management believes that timely news releases is not something of great importance to them so they simply did not annouce to much info to the public.
Meanwhile while the market was sleeping and discounting CD market value CF has been increasing his position every year in CD up to 80 million shares to date and I always wondered why.
One of the main reason I believe was to protect himself and us investors from ever getting a low basement price value for our shares in case of any hostile takeover to ever occur.
Because CF knew very well what's CD really worth all along and has been keeping the market BLIND to its great potential for many years now until he is ready to explode it.
Going back to the market discounting value of CD
What has also been a black cloud hanging over CD value has been also
the fact that the majority of its properties with its greatest potential is located in yemen which was not the safest place in the world to mine and which is now hopefully changing with all
government new foreign investment policies put in place.
That was one of the major block that devalued CD in the past
from the market eye.
This does not make yemen 100 % safer but I believe will become safer than to mine than many years before.
The JV partners were not lining up because of these problems.
Which is now hopefully changing because of many factors.One of the major factor is the world escalting prices of metals due to China increased demands.
Also finding potential resourses are hard to come by these days and majors are willing to take more risk today than they did many years back.Which also a positive step in our direction.
The yemenese government changing its policies and becoming more open
to foreign investments and are also putting all the infrastructure in
place to make mining a growing industry in its country is also a very
positive and important factor that we all should not taken for granted.
Government are not putting all this money for our blue eyes
I am sure they want money and jobs for the country in return.
Now finally uncle CF has been sleeping on this major discovery in yemen that has been kept quite from the public eyes for many years and he is finally getting some pressure to move it of loose it from the government of yemen that is also another major factor at play here.
I don't blame CF in any shape or form here because I personally
believe he is one of the greatest assets of CD and without him CD is truly worthless.I want to make this point clear to all.If I do sound negative about him I am not at all.
All these new and positive changes the market is still sleeping to and not taking into account as far as CD potential
So once we do get the right JV and we do start the mining in yemen
most of us long will no longer be getting peanuts for our shares but
hopefully high dollars in exchange that's what I truly believe.
We still have some major moves that need to happen inorder for
CD to get there.I am hoping that we going toward that direction.
I know we are not quite there yet but we are moving that way.
The short and long term potential of CD could be very exciting once
the JV and the Yemense mining do workout in our favour.
I hope this clear some of the doubt of some of the newbies in this
company.My intention was more to give you all the picture they way I see it.
Good Luck
Hope21