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Bullboard - Stock Discussion Forum CANDORADO OPERATING CO V.CDO

TSXV:CDO - Post Discussion

CANDORADO OPERATING CO > This co.is Broke/Share price should be .2
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Post by robvc on Feb 17, 2011 11:50am

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

I 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.
Comment by CrashSurvvivor on Feb 17, 2011 11:55am
I am no "pump and dumper" - I've  been in this co a long time, and if wanted to dump I would have a long time ago in the other run-ups. 
Comment by blackgold99 on Feb 17, 2011 12:27pm
You're right "Share price should be .2"  Thanks for the vote of confidence.
Comment by robvc on Feb 17, 2011 12:39pm
Good luck .Oh and dont forget the 5 to 1 REVERSE split that they are trying to get approved at the next annual meeting.WOW what a great stock.Do some research Crash you might want to sell SOON .
Comment by robvc on Feb 17, 2011 12:42pm
well im sorry for the typo .After the reverse split it should be around .002 cents.Hows that better.Good luck
Comment by blackgold99 on Feb 17, 2011 12:57pm
Yes, yes, it's VERY bad, and it will get much worse, I should sell everything now before it's delisted.Wow, how can I thank you for coming in and saving my fortunes? For looking out for my financial well being. You must be a great humanitarian, a savior, I trust you! Ok, I'm selling now, will you be buying my shares?
Comment by trader4ever on Feb 17, 2011 1:54pm
Well, I hate bashin and basher as well as people who insulkt insider or CEOs etc. But I understand frustration and negative thought after strange behaviour of a stock, a comapy or insider. I have to agree that there is some really fishy meanwhile at CDO. I am shareholder since the very frist day and I have been happy about the fact that CDO has been filled with good properties. But the latest ...more  
Comment by robvc on Feb 17, 2011 2:29pm
If it smells bad its usually BAD and this one stinks real bad.Oh and one more thing to add.They chief financial officer just quit  Terese J. Gieselman - Chief Financial Officer & Corporate Secretary and Mark A. Naylor - DirectorI wonder WHY .might it be they didnt want to be part of a royal bend over screw up the butt,shareholders with the proposed 5 to 1 reverse SPLIT ...more  
Comment by trader4ever on Feb 18, 2011 3:40pm
robvc: "..........My last post here ....." Maybe CDO does not keep promises....but you don't either! So, why don't you invvest in CDO? LOL
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