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0.7¢ padbury mining limited

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joker1

2,705 Posts.

08/10/14

11:26

Post #: 14091986
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Originally posted by jskf ↑

Well best of luck is all I can say.
I lost a nice chunk of skin early on with this one before "the $6.4bil debacle" and have simply seen
more of the same "performance" from management ever since.
I have watched their track record develop over quite a long time.

IMHO I am certain this will blip up in the short term to add some shine to the t#rd for a cap raising.
They've been pushing this cart for so long I think even the rats in China would know the story.
The story they are pushing is old, tired and lacks substance, much the same as management.
They proved their "competence' with the ridiculous debacle we are all aware of.
They must be desperate for money at the moment knowing their rate of cashburn and the impending
legal fees.

Short term trade, why not. Lotto ticket, I think not!

Of course DYOR and all that.
Dump a huge wad of $ into the inevitable cap raising if you are that confident.
Once again best of luck!!

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I am just riding my holding for what it is worth. Just glad to see it didn't fall off the board, doubt that will happen now, I actually predict another lift on some news, they will have something to say at some stage I am sure

PDY Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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