CCU 0.00% 5.8¢ cobar consolidated resources limited

Scorp,I believe that you are entitled to do what you want with...

  1. 1,034 Posts.
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    Scorp,

    I believe that you are entitled to do what you want with your CCU holdings: these are still nervous times as an investor or trader.

    Has the Board dissapointed the market, especially retail investors? Yes.

    Will they reach 2.5M oz in Dec? I personally think they will cream it in.

    Will CCU pay a dividen in 2013-2014 with all the cash they will generate? I believe they will. For the reason at least that, for any new mining producer, it is a source of 'we have made it' into the serious miners category. I also believe the Board will want to reward shareholders for their patience.

    Is Silver a good commodity to invest in? Yes, for hedging against inflation, to retain real wealth, from all that money printing.
 
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