CAZ - Cazaly Resources
- Thread starter MalteseBull
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im a little confused,
i was under the impression this lates hearing was a discovery mission to get acces to some documents they have so far been denied, confidential documents detailing RIOs and the ministries discussions,
hence i was expecting some sort of announcement along the lines of we got the docs or we didnt,
oh well
i was under the impression this lates hearing was a discovery mission to get acces to some documents they have so far been denied, confidential documents detailing RIOs and the ministries discussions,
hence i was expecting some sort of announcement along the lines of we got the docs or we didnt,
oh well
i have no idea but i have been told that DYL did a similar thing and it sparked its latest breakout. I haven't researched the truth to this.
I came within inches of selling CAZ last week because of it has been going sideways too long and I've seen other shares rising at 45 degree angles. I got itchy feet. I actually had put the sell order in but I retracted it because I wasn't keeping with my trading plan (2 year hold.) Why a 2 year hold? Because it is almost inevitable that CAZ will return to his $2.plus value within this time. They are strategic and savvy enough to do that and the Shovelanna event is more than enough evidence of this.
I don't have a lot of money invested and I don't have a significant portfolio, in fact I've dumped other shares and rolled most of my investment into CAZ. So if it dives my wife will never let me buy shares again.
I am bidding on CAZ becoming my startup. Sure I am missing opportunities now but I think it will be worth it. I'm not experienced and brave enough to get margin loans and stuff.
I came within inches of selling CAZ last week because of it has been going sideways too long and I've seen other shares rising at 45 degree angles. I got itchy feet. I actually had put the sell order in but I retracted it because I wasn't keeping with my trading plan (2 year hold.) Why a 2 year hold? Because it is almost inevitable that CAZ will return to his $2.plus value within this time. They are strategic and savvy enough to do that and the Shovelanna event is more than enough evidence of this.
I don't have a lot of money invested and I don't have a significant portfolio, in fact I've dumped other shares and rolled most of my investment into CAZ. So if it dives my wife will never let me buy shares again.
I am bidding on CAZ becoming my startup. Sure I am missing opportunities now but I think it will be worth it. I'm not experienced and brave enough to get margin loans and stuff.
Caliente
Black Gold!
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man - i hope carpenter comes off clean on whatever happens. he's my most favoured WA premier in a while.
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It seems to me that all you here might aswell go to the local casino....not a single trader amongst you all.......go back to hot copper guys.....that's where all the gamblers are.....
ts, how do you make a decent amount on currency fluctuations? i ask cos currencies generaly move in fractions of precentage points so either you need to invest massive amounts or is it leveraged like futures?
yeh i kinda agree CAZ is a gamble at the moment, it is all hinged on the court case, but then again court cases are pretty structured events, a legal expert would no doubt be much less of a gambler here, and i am not a legal expert, i reckon it will become clearer during the case, if the minister and premier both appear in court then this will be a very high profile case that will attract media coverage, i BET that the price will slowly edge up regardless towards the court case and during, the thing to do is go and watch it oneself, maybe even in bring in your lapotop abd trade from the courtroom, ha
yeh i kinda agree CAZ is a gamble at the moment, it is all hinged on the court case, but then again court cases are pretty structured events, a legal expert would no doubt be much less of a gambler here, and i am not a legal expert, i reckon it will become clearer during the case, if the minister and premier both appear in court then this will be a very high profile case that will attract media coverage, i BET that the price will slowly edge up regardless towards the court case and during, the thing to do is go and watch it oneself, maybe even in bring in your lapotop abd trade from the courtroom, ha
all investors just got free shares in NRU , 1 for every 5 CAZ shares held, what a sweetner, NRU is currently 35 cents!
i think that during the discovery, which includes both provision of the documentation, and also cross-examination of the ministers etc.
This should reveal the reasons why RIO was the favorite despite the mining act. CAZ has been kept in the dark when the decision was made by the minister for the reasons why. Presumably someone only keeps a decision secret when they have something to hide.
Therefore on this fact alone, i believe there is a good chance for overturning the minister's decision by the court once if it is discovered that the minister's reasons are eroneous.
Let's not also forget that CAZ has developed some other projeects which are looking good too! Hence its price isnt just determined by this court case.
i think that during the discovery, which includes both provision of the documentation, and also cross-examination of the ministers etc.
This should reveal the reasons why RIO was the favorite despite the mining act. CAZ has been kept in the dark when the decision was made by the minister for the reasons why. Presumably someone only keeps a decision secret when they have something to hide.
Therefore on this fact alone, i believe there is a good chance for overturning the minister's decision by the court once if it is discovered that the minister's reasons are eroneous.
Let's not also forget that CAZ has developed some other projeects which are looking good too! Hence its price isnt just determined by this court case.
chops_a_must
Printing My Own Money
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I don't think you are actually allowed to take recording material into court.toc_bat said:
Well this makes me feel very good!!!!!!!!!!!!!!!!!
Directors of CAZ just all bought shares:-
Clive Bruce Jones - 1 million worth
Kent Michael Hunter - 25,000 worth
Nathan Bruce McMahon - 1 million worth
If directors prepared to put their money where their mouth is, and a lot of it, then that's great for CAZ investors, and makes me want to buy more.
Does this mean the CAZ case is good
risky turns to $$ cmon santa bring us good news
Directors of CAZ just all bought shares:-
Clive Bruce Jones - 1 million worth
Kent Michael Hunter - 25,000 worth
Nathan Bruce McMahon - 1 million worth
If directors prepared to put their money where their mouth is, and a lot of it, then that's great for CAZ investors, and makes me want to buy more.
Does this mean the CAZ case is good
risky turns to $$ cmon santa bring us good news
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daaussie said:Well this makes me feel very good!!!!!!!!!!!!!!!!!
Directors of CAZ just all bought shares:-
Clive Bruce Jones - 1 million worth
Kent Michael Hunter - 25,000 worth
Nathan Bruce McMahon - 1 million worth
If directors prepared to put their money where their mouth is, and a lot of it, then that's great for CAZ investors, and makes me want to buy more.
Does this mean the CAZ case is good
risky turns to $$ cmon santa bring us good news
Hi, daaussie. I can't find any anns regarding the share acquisitions you mentioned. All that I can find is the one re options (approved at the AGM) issued to directors. Is this the one you mean?
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daaussie said:
Well, the nature of this transaction is just re options granted to directors. They pay nothing for the options, I'm afraid.
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Surely this is good for the CAZ cause...... shuffled out of the portfolio before he's found guilty...... I'm in for a few
