CUL 0.00% 0.5¢ cullen resources limited

Ann: Quarterly Activities Report, page-9

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  1. 1,371 Posts.
    lightbulb Created with Sketch. 9
    It's a mystery JK... Why would Perth Capital buy on market @0.3c when they could have as much as they want @0.2c and put cash in CUL's Kitty !
    Also these guys are lining up for a big payday from Red Hill iron when API/ Boasteel start mining ... why put more money on this pony ?

    You've been in this stock as long as me RK, and seen the good days... so we know what could easily happen again when the trend goes positive...

    What does Cullen have going in its favour?
    - Potential payment of few million bucks from FMG and Boasteel once these two giants start using Cullen's ore.
    - Receipt of royalties for the life of these deposits...
    - Numerous Joint ventures with many other big players
    - A nice complement of Tenements and projects in OZ and O/S

    The negative is : No money in the bank now to run these projects and a SP under 1c that makes it unrecognizable and unwanted...

    Therefore, Maybe someone who dares, drops $75G in one afternoon to take a part in this business...Sounds reasonable... I said many times ... if Lady luck smiles on me with a major Power Ball jackpot .... this Pony would be in my Stable...
    Few mil bucks could secure a nice income in years to come..

    Speculation is the nice part of this game.....Also dreams of Lithium, Gold, Nickle are so delicious....ZZ
 
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