CAP 2.27% 4.3¢ carpentaria resources ltd

Sorry if you thought I was getting stuck into you CB. Simply...

  1. 7,303 Posts.
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    Sorry if you thought I was getting stuck into you CB. Simply interested in your point of view.

    I agree that there are a multitude of small cap stocks, with great resources, worth many many many times their MC, but.. until they get either a J/V or Capital, they are unloved.

    My reason for staying with CAP, is, based on the size of the resource, management, and the simply fact that they were able to get a J/V partner years ago, and since then CAP has been able to improve the IRR for the project.

    Other fellow holders have already posted regarding the small amount of shares that CAP have, dilution was always going to happen eventually, that or a T/O... but no chance of that with the Court case over our heads.

    Anyway, good to have discussion as far as I am concerned, especially when it forces me to keep evaluating my rationale for holding CAP.

    IMHO
    DOYR.

 
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