You are on the mark with all the rubbish about oil supply. I think the oil price is exactly where the US wants it to be and anything to keep it there to pay for the so called war.
I have some CDR and have been watching over the weeks all the comments on it.
I agree that the future looks uncertain but,
1. Its tax time, so i think some disposal is happening. 2. Look at the volumes 1.5m @ avg 8c = 120k worth and most days its even less, so no serious money is changing hands. Hardly, even if you add up all the volume in the last 6 months. 3. Hunter Hall has about 19.5% of the company at avg .37c did they get in too early? Maybe but these guys don’t like loosing money. 4. I know as holders we could complain at the past, but you have to look at today i had purchased a lot at 11c on the previous fall and it went up to 19c that was a 58% increase. Sold some, but not all. 5. I think Amanda need a chance and 6 months is not enough. more pain to come but could be worth it!!!!
CDR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
