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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Post by robvcon Feb 17, 2011 11:50am
168 Views
Post# 18150628

This co.is Broke/Share price should be .2

This co.is Broke/Share price should be .2I dont know why anyone would want to invest in this co. but i guess the day traders like the volume and take risks for 25% returns on .05 moves.Correct me if im wrong but i see cash reserves of 156,000 dollars and change(as of sept 30.10).Cant do much work on any properties with this .They need a private placement of 5million to even think about working their properties .And what about the clean up costs of the heap leach operation they basically abandoned in 2005 that is now in the courts.Ministry of mines cleaned up their mess they couldnt afford to do and may go after the co. for costs .The costs unknown but they certainly want to prolong this as far as they can.I just dont see .15 that the recent poster claims.I think its just a pump and dump play right now.
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