CCU 0.00% 5.8¢ cobar consolidated resources limited

Hi Danhoff,Thanks for the reply."I do not consider the stock...

  1. 1,298 Posts.
    Hi Danhoff,

    Thanks for the reply.

    "I do not consider the stock market speculation"

    I do, especially mining juniors

    "We are owners of companies"

    I disagree, we supply capital via share purchase, owners of companies do not sell out on a little bit of bad news

    "the average hot copper investor thinks they are at the casino"

    Sadly the internet has turn the sharemarket into a casino & I am a quilty member

    "The company, as far as I can see, knew LOTS of information they did not disclose. And then we have posters here saying 'they knew something' or 'they felt something'"

    True I totally agree with you here, it do wonder when the company knew of the bad news, sadly some posters here do appear to invest via womens intuition

    "To me the entire thing is a mess. And anyone who pretends it is not a mess - or they know what is going on - or they know what a fair price is... based on no information is a fool.
    Why did the share finish only at 34.5 cents today. If all is OK, then why is the share gone from 60 cents to low 30s"

    i agree but we still know they have silver underground, we still know they have mined some & processed some. We also know approx figures for mining cost & selling cost, we know assets & debt. This is why I still think it is worth more than 34.5c & finished there today & this is why I bought more. You & I know why the price dropped from 60c to 30c, the reason for no real recovery yet is confidence/sentiment for CCU is knocked.

    "And the terrible thing is the management DO NOT CARE. They still collect their pay packets and options and bonuses, etc etc."

    Sadly it is the nature of the beast, I am disappointed with management but I feel it is just shooting the messenger, we all invested in a mining junior, even the big mining players get research/calculations incorrect, managers etc do not care for the sp, they are busy running the business & hopefully trying to grow the business & learn from mistakes also. For me I only invest what I can afford to lose & set triggers to buy & sell to protect my money, getting angry just disrupts my sex life.

    Good luck with your investing mate

 
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