Ann: Two new bedrock conductors - AK47 nickel prospect, page-3

Cullen has been through worst times than now,,,, albeit with a better SP. But most know the ASX is CROOK and values are convoluted.
This weekend I've done a reassessment of all my remaining holdings. ....These are terrible and scary days in OZ... the number of businesses going Belly-up is shocking.... Many resource companies particularly Iron Ore and Nickel are facing grave danger. However, I'm still sticking around CUL.

Even if Boasteel decides to drop the West Pilbara project and use the $4 billion war chess to buy out existing mines and infrastructure like FMG... BCI.... MIN etc.... The way prices are crashing, this would be a viable option... If Goldman Sachs is right.... they are seldom wrong.... and FMG SP goes down to 50c... well for... $1.5 billion Boa can buy the "magnificent Fortescue"... for the same money they paid the luckiest people in the universe (Aquila)...

What happens to CUL? Well it has many JVs with FMG and other neighbours... so it will still be around and its resource assets and tenements would be recognized and utilized one day...This stuff hasn't got an expire date... Little Cullen will always be in the way... and the big boys will pick it up at the right time.

But let us hope our political and business leaders wake up and bring back sanity and stability to the resource industry and to the whole economy in general... Gee... it is really a stinking mess now.