RE: Report says CDO worth more than 10 cents underAs some idiotic basher here concentrate their stupidity - which results in their 'dd' (dumb diligence) - only on sell-trades (of course not on buy-trades! LOL) of director Rene Bernard, they should not read such articles - they do not get the content anyway:
Valuation Commentary:The risk-reward characteristics are highly advantageous forinvestors establishing a long position in Candorado OperatingCompany Ltd. (TSX-V: CDO) as the current market cap of CDO.Vrelative to the inherent value of its copper-gold porphyry projectsseems disproportionate. CDO.V is focused on three copper-goldprojects in British Columbia, one ripe with potential in the StikineTerrane adjacent to Red Chris where government commitments to powertransmission will see one of the next big mine openings in BC andtwo in central and southern BC within the Quesnel Terrane (QuesnelTrough).
Withonly ~62M shares outstanding and trading under CDN
.10 CDO.V ispoised for significant upside revaluation. Candorado's Man-Primecopper-gold project alone justifies a market cap significantlylarger than the current and planned activities on all three projectsshould see the inherent value reflect in the share priceappreciation as the significance of what CDO.V possesses is betterunderstood by the market place.
"Candoradohas sharpened its focus in order to provide the best chance ofmeaningful discovery on its top prospects. CDO.V is certainly onefor the portfolios due to the high probability of major discoveryand because the value of all three Cu-Au properties if vended offindividually would fetch much more than what CDO.V trades for now.Candorado’s Man-Prime copper-gold project is the most advanced."
Source: Market Equities Research Group