Post by
trader4ever on May 12, 2011 2:43pm
My opinion
just for those who like to undersatnd why I am so negative:
The problem is, that CDO has shown a negativ progress within last years. Just properties have been collected, but drills - if those tiny number of drills can be called drills - have been not promising. Rene Bernard gave up CDO and Kirk Reed took over. But this did not result in anything positive. Well, however, all of us know the details of the ten-year-story of CDO.
Well, exactly in the moment, when the CEO is talking about a rollback and about some - mirqacle - new investors, some here get nearly exited.....IMO just because there is niothing else to be exited about ! Doesn't it make wonder? Nothing has been able to thrill us the last years.....but a rollback and rumours about new investors. Sorry friends, but it sounds to infantil and unbelievable to me to be thrilled about such crap. We have been waiting here for many many years for longterm drills, this or that positive results, many drill reports, which have been promised but never have been published, many plans for drilling next autumn or next summer, which did not happen. Millions of dollars have been generated by private placements, but shareholder have to ask where this money has gone to. Even the bad story MineralFields has had one positive side: MineralFields has paid those multi-millions of shares they finally have been dumping. But wehere has all this money by MF gone too?
And after all this I shall be thrilled by a rollback and a rumour about new investors....especially if I know that those new investors will, for shure, take care for their own wallets and not for those of the longterm shareholders.
Sorry, for me there is absolutely nothing to be thrilled about. Well, it is true.....hope dies last ! But one of my hopes is, that IF there are new investors.....than there should also be a new management. The old one is unable !
Comment by
blackgold99 on May 12, 2011 4:25pm
trader, as I had mentioned a month or two ago, your wish will come true!On June 14 you will see new board members and management (big money), including, yes, a new ceo (with lots of experience), so you don't have to take it out on Reed anymore.By next week you will be getting the AGM materials.