CFE 0.00% 0.2¢ cape lambert resources limited

Stupidly cheap!

  1. 200 Posts.
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    I've been scanning the market for about a month now searching for that one Cobalt stock that would expose me to what I believe will be the hottest commodity for at least the next 2 years. I've found it, this easily has the best potential of all the others on the ASX. Near production, great resource base and a management that has been able to deliver tremendous results in hot commodity markets in the past I.e. Iron Ore. Now, to consult with the Tony Sage issue some people keep bringing up. I believe the main query is can he or can he not be trusted. I agree that in the past his decision to give an unsecured loan to Timis was suspicious, but the fact that he is suing him now shows very clearly that he can absolutely be trusted and that he wasn't in on some dodgey deal with Timis. I think it was bad judgment on his part but that the lesson is learnt now, just an honest mistake, and he is just as much a victim as all shareholders were regarding this deal. The positive is that Tony has a track record of winning all his litigations so shareholders should look forward to a successful outcome regarding this case. I have also heard that this stock is starting to gain institutional interest from a firm in Great Britain. I personally will be cleaning up everything that goes 3c or under so let's keep those short sighted sellers coming, at least until I'm done buying
 
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Currently unlisted public company.

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