CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Becoming a substantial holder - Wang Feng , page-38

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  1. 963 Posts.
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    journeyman is right...they made huge forecasts in their prospectus, arranged very favourable broker reports, then for a year boasted about their achievements of building the Phase I plant on time. It may have been built but never commissioned. Then over the next year nothing...no emails replies...some lame excuses...all previous plans shelved and no other long term plans....
    Some of us were investors, rather than punters, so are well down on our original investments.
    I don't believe anything they announce, and regard my holding as lotto tickets.
    The broker reports have obviously been removed from their site as they included huge projections.
    I would be extremely happy to recoup my investment..
    Good luck.....
 
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