Post by
godman on Jun 13, 2011 9:39pm
Brundal dont twist my words
I said that they felt they could easily beat the 43 101 estimate, that the 43 101 is done by a independent body and they are always conservative.
I had a few concerns, that is why I phoned and wanted to talk to Ken Bates. I am a nobody to him and he actually phoned me back, apologising for not returning my call sooner, because he was in the hospital getting a hernia operation.
Wolfe, he did not in anyway dick me around but answered every question without hesitation, I have been in business 35 years and know about dicking around. He summarized at the end by saying, they will publish any new info as soon as they have it. There is nothing new, everything is going great and they have no control over rumors.
I told him the small guys were peeved about the financing surprise and he simply stated they want this mine up and running ASAP to take advantage of high coal prices. In the long run we all win one way another, buyout or dividends. I think it will be buyout. He chuckled when he said they better do it soon before the price goes way up.
I feel better. Hope it cleared up some questions. I prefer hearing things who really know whats going on rather than assumers.
For the bashers. I bought most of my CMK at 1.50 so I am not on the bread line. Look at AAA which I bought at .80, today is 2.10 and CUU which I bought at .50, today at 2.00 and tell me who knows how to pickem. And I do not own 5K of these stocks. I guess our local basher hasnt got off his shift at MickyDs.