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Sino Rise Group C.SHD

"Sino Rise Group Holding Corp through its subsidiaries engages in software research and development activities in China. It also provides IT consulting services; and manages and maintains network system applications."


CSE:SHD - Post by User

Bullboard Posts
Comment by coyote13on Jul 22, 2004 11:03pm
107 Views
Post# 7737681

RE: My 2 bits

RE: My 2 bitsGoldbug317: I think you hit the nail on the head. I believe CHD has lost credibility with investors by not keeping them informed about the deferral of the programs at Yanama, Antash and so on. After making a big deal out of the fact that CHD was moving into the big leagues with major activity on all properties to not disclose the cancellation of their plans is indeed disappointing. A lot of stock traded in the 40's on the strength of the program combined I guess with Marcona leaking out. Remains to be see whether Marcona is real or not. Unless UBS knows the real deal here, they can't be happy with 29 cents and lots of stock on the ask from the usual suspects. Looking forward to hearing what Marcona cost and how CHD will pay for it. More stock at 25 cents is not what this junior needs. I welcome any other observations on where CHD is headed. Coyote13
Bullboard Posts

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