CAP 2.27% 4.3¢ carpentaria resources ltd

a shadow of its former self

  1. 1,189 Posts.
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    No posts on CAP for a while, are there many shareholders left who still have an interest in CAP?

    Buy depth looks terrible, iron ore price is in the doldrums, gold projects are in their infancy accompanied with the gold price being extremely weak and to top it all off, our J/V partner appears to have financial concerns, not a pretty picture.

    Dejin Reources is in court next week regarding a winding up order that has been placed on the company in Hong Kong, link:

    http://www.reuters.com/finance/stocks/1163.HK/key-developments/article/2959045

    Mr Wilson Cheung, the "money man" behind Pure Metals is heavily connected / invested in Dejin Resources, and was CEO of this company till May 2013, he is still on the board of Directors.

    I hope for all concerned that Hawsons is not hit with another failed J/V deal.

    One thing I know for sure that the size of my investment in CAP is a shadow of its former self.
 
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Currently unlisted public company.

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