CCU 0.00% 5.8¢ cobar consolidated resources limited

Today seemed like a case of sell first ask questions later. The...

  1. 853 Posts.
    Today seemed like a case of sell first ask questions later. The company certainly left enough gaps in the announcement to allow people to speculate the worst.

    On a broader note, when was the last time a junior successfully commissioned a mine and made bucket loads of cash? The number of companies falling short of the mark has been growing , RED and PGI in recent days . NMG and HGO also failed to meet their promises. It seems like its better to wait for production targets to be hit and cash is rolling in before committing your hard earned cash.
 
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Currently unlisted public company.

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