CXX 0.00% 6.6¢ cradle resources limited

New Edison Report..., page-6

  1. 1,085 Posts.
    lightbulb Created with Sketch. 92
    Hi Bungalow. Firstly, I am not "relying" on Edison's report (I wouldn't dare!!). I simply research everything that I can and base my decision- making on what I deduce from Company announcements, analyst reports etc (plus my own analysis of available info) as well as what my "gut" tells me. I just posted the Edison report in case some holders hadn't seen it.

    I agree that it is a high risk game but so is every other company who happens to be in, or considering going into, a trading business.

    To me, the ASX, NZX etc are just like big casino's. No player can ever be confident of only increasing their net worth because there are just so many variables that can affect things....from bad director decision making at one end to straight out manipulation at the other end - as well as everything in between. The fact is, shareholders have no control of these factors - they can only buy some shares .... or sell some shares.

    Like you, I'm also in this up to the level I can stand if things don't go to plan. But what gives me some confidence, is our management team have runs on the board in respect of knowing what they are doing in thiss particular space.
 
watchlist Created with Sketch. Add CXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.