RE: RE: NEWS: New copper discovery at Bluff Lake PI do not believe we will see 0.01 . IF we would.......I will buy bigtime....so maybe I should hope for 0.01 LOL (kidding)
I have been told by Rene, laboratories still need 4-5 months till they are able to deliver drilling results. This means that many of the fallen commodities also still deliver stuff of trial drills. This shows that the markets might have given up commodities but nevertheless the companies still do business as usual! CDO does the same, thus I do not take this or that drill results as a 'non plus ultra'. CDO is a big explorer and if 'copper dust' , as you call it, would be all CDO delivers, I would be the first getting out of here!
But I understand your frustration.....I am absolutely not pleased as well. But in the opposite to many frustrated shareholder I mostly do not blame managements of companies. Those, who have no gut anymore, are getting out anyway by and by.
By the way, do not forget, insider are the biggest holder of shares here....without selling one single share while this terrible market situation !
As an investor you might know that insider holding is one of the most interesting criteria for investors for a decision to invest in a listed company. CDO will rebound, so or so. But patience is not a virtue of the most shareholder LOL
I recommend to buy call options on the Dow Jones and big US banques while this market. They will rebound bigtime within the next 24 months! And, of course, CDO at 0.01.......;-)