If you look back through his posts he has changed his sentiment several times and can't quite make up his mind where he stands. The post history shows a lot of involvement in posting to CFE for a long period as far as history will allow.
I'm left wondering if Raven actually still holds CFE or whether the apparently hopeful but cynical comments are a front to convince others he still holds when in fact he is just another bitter ex holder from the withheld dividend days.
If the sentiment is sell, why not sell? Maybe he is still hopeful of a positive outcome. He apparently has held through the recent rises to 0.04 and continues to hold. It's a long way back up to the 0.33 days, so it is pretty confidence inspiring if Raven thinks he might yet get some money back if he has held for that long. His post history shows he has at least held since around 0.02 which would have made 0.04 double his money.
It would be interesting to know when Raven did buy in and at what value. Maybe Raven could enlighten us.
I can't see why anyone who holds a stock would slag it so much if trying to redeem their capital. Is he just a good guy trying to put his honest opinion forward regardless of the damage it could do to his finances? Or is he Bipolar and can't make up his mind?
CFE are a find, fix and sell company, their objective is to find resources, develop and sell. Why do you think they hand over prospects to other companies they have an interest in, personally I assume it's so the child company can develop it, keep it or sell it and CFE reap some benefit rather than just sitting on it and not having the funds to directly move it forward. Too many irons in the fire at the one time isn't always viable for the one company. Isn't it better to keep the projects moving forward through subsidiaries even if it does mean some dilution & that those involved receive compensation from sitting on multiple boards and holding substantial interest in all. Most directors sit on multiple boards and pull multiple incomes, many are a lot worse than CFE appears to be.
Personally I think TS is doing a good job and has built a strong portfolio even if he is future proofing his own personal income. I'd challenge any of the investors out there to do a better job and not expect to come out in front regardless of whether or not a particular project succeeds.
I'm pretty certain there will be another win soon and by all accounts it is well and truly due. With Cobalt & Lithium prospects it's is only a matter of time. Anyone with interests in any leases containing Lithium, Cobalt or Manganese will be highly sort after in the coming years. I believe Cobalt is where the big payoff will come with Manganese possibly coming in second. There are a lot of big players, especially the Chinese trying to get a part of just about every energy mineral miner in existence today. I'm pretty certain It won't be long before deals are done and off-take agreements finalised.
I've said it before, but would anyone out there work their butt off for little or no benefit to themselves. I'm pretty certain TS & CFE as a whole wants nothing more than to build a successful company with strong revenue and regular dividends, which coincidentally would also benefit TS and the other directors. The fact they have survived through hard times tells me something about the board members business prowess. They just keep trying to land a big one while maintaining the lifestyle they deserve relative to their education and efforts.
Over to you Raven. Looking forward to know where you are coming from and just what the angle is.
CFE Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held