hughenden - why its is so highly rated, page-25

I believe in the management and the projects. Whether or not management say anything about the BMG business, they can't do anything about it, they are as stuck as we are. And maybe there's a reason they haven't said anything, it is an ongoing court case and no doubt big trouble for those with foot-in-mouth disease. Who knows? It will be sorted out, time is the only factor. CAP has the goods in the ground, and CAP's done nothing wrong, the fault lies solely with the person responsible, it was simply an unforeseeable turn of events.

The preso was a bit lame, but I thought some were a little harsh with their comments. That was the first time I've seen Chris do a preso and it could well be the first time he's done one. Perhaps he's not cut out for that sort of thing, everyone has their strengths.

End of the day, CAP has it's major project bogged down for at the most another 9 - 10 months, but of course anything could happen with the court case between now & then, and there are other projects and news events to come, Hughenden will be huge imo, McDougalls 100%, Koonenberry 100%, Euriowie 100%, Yanco Glen 100% etc. plenty more to come, plenty of room for strategic JV's. Gotta remember, even though Hillam did the dirty, the deal that NS struck with BMG was a bloody ripper for a company CAP's size.

An exploration company that had just survived the GFC, they continued exploring right through the GFC without being paid, they believed in what they had and came out with a great deal on one project for the future.

Not trying to convince anyone to buy or sell, everyone's gotta do their own thing, but personally I still believe in management and what they've accomplished so far.

I had a little cash and had to choose between CAP LNC & SSN, unfortunately I'm not made of money, and only because of the possible time delay CAP had to miss out. The other two should have a good next 6 months, CAP might/might not. But if I come into some cash anytime soon I'll be wanting more CAP.