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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Comment by wildman2on Mar 06, 2011 12:13pm
109 Views
Post# 18240392

RE: RE: RE: RE: : Mineralfields

RE: RE: RE: RE: : Mineralfieldstrade4ever, rambo.  I take no issue with either of your statements. 

I do believe though this is the low and there is a turnaaround story waiting to happen here.  Because as Rambo said there is a price to pay with Joe and we are about to lose the man who makes us pay the price and gain a group who doesn't make you pay the price. 

I hope you two are also here with the same hopes that a turnaround is around the corner. 

Properties, whether they are explored or drilled or taken advantage of on a time line that supports or doesn't support an augmenting stock price, are still and always will be properties.  Properties, whehter Joe is around is isn't, whether new investors are around or aren't, are always still properties and they will always have inherent value. 

If we are not at the bottom of the inherent value scale, then that would surprise me.  

So you buy stocks that are getting credit for only their inherent value of the property and then you wait for the other factors to start falling better into place. 

My take always is you can have the greatest management team in the world, but have tumbleweeds on your land and the price will float to where it has to, despite amazing management.  The greatest CEO in the world can't put gold on land of dirt.

or you can have management make big mistakes, have an insider who sells 40 million shares, yet have real properties and the stock price will also float to where it eventually has to. 

I am not ever saying that you guys are not right and mistakes have been made. That would be silly.  But I am saying that I am here because I believe a turnaround is coming soon.  

And is in fact conversations with Kirk Reed already make me feel that a turnaround story is happening in the boardroom at CDO.

 
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