CML 0.00% 2.0¢ chase mining corporation limited

When all seems gloom and doom re. CML is the time to buy.This is...

  1. 9,081 Posts.
    When all seems gloom and doom re. CML is the time to buy.

    This is a company that is not going to go away - it won't dissolve overnight. It is a profitable going concern.

    So Fletcher got it wrong ....short term ... estimates out by 40-50 million. Big deal!

    It takes time to get momentum once the rudder of the QE2 is turned.

    But I believe it is turned in the right direction.

    Now is not the time to jump ship.

    $6.40 - $6.50 may be the best chance to get set for what could be a steady and protracted turnaround.

    My money is on a share price in excess of $7.00 by FY end '03.
 
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Currently unlisted public company.

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