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6.6¢ cradle resources limited

December Activity Report..., page-4

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pygmyhipppo

974 Posts.

17

25/01/17

07:07

Post #: 22120223
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Originally posted by Dentie ↑

That's just it Pygmy, I think these guys (the Board) are "just sitting on their hands". Apart from a bit of "run of the mill" admin type stuff, they have no option. Their hands are tied until Tremont decide they want to announce what we are all waiting for. The longer Tremont wait, the more nervous some holders will get which will lead to more selling - keeping the SP nice and low....look at yesterday's trading! Who's hands does that play into?

Once Tremont confirm the financing and offtakes, the Board can then start to make some meaningful decisions and we will finally see some material action.

Of course, I could be all up the booeye (wouldn't be the first time!) and it just might be an innocent case of Tremont not being able to secure the financing ...or offtakes.

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Sounds a bit like a loose/loose situation when you put it like that... unless we hold our nerve.

CXX Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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