RE: RE: RE: RE: Disappointedagrossfarm, years ago I said my opinion here as well as to Rene Bernard: CDO wastes too much money on too many properties. It took a long while until I got the reason for this permanent buying of properties:
The number of purchases was made by Rene Bernard, to move the market to do a hype. For Rene Bernard it was never a aim, to make CDo a serious explorer. Rene Bernard has gambled with the properties he bought only, to drive up the shareprice by the ownership of tons of properties. Drill programs were, in my view, only an alibi. Rene Bernard has encouraged his friends for years to buy CDO, arguing, that they were going to retire rich by CDO - literally. They got too late only, that Rene Bernard was a sick gambler with penny stocks, and has done nother but changing his strategy: He gambled with other penny stocks before successless, but he tried it again by founding his own listed stock: CDO.
Unfortunately, this is the true story of CDO. The purchase of many properties has killed so much money that there has been nothing left for serious drills. But I think for Rene Bernard, drill have been an alibi function anyway: It was totally impossible, and he knew this, to drill so many properties which such a enomous size, seriously. So it became obvious - only too late - that CDO has bee nothing but a vehicle to make money fast by leading the market to believe, CDO will be become the biggest explorer of B.C. or Canada
Meanwhile, Rene Bernard failed in everything he has begun in his lives and his friends know menawhile that he is a loser. I talked to several of them. Meanwhile we know that he sold all his shares as well as the family Bernard did. The credibility of this family is zero meanwhile for all CDO shareholder and some of their former friends.
However, Shives might be a hope.