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CDU - Cudeco Limited

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there are those who dont play by the rules, and those who choose to believe those who dont play by rules, hence we have dreamers boosting the sp of CDU to astronomic levels..

in every industry you have rogues, and this one is a class act.

one thing you can be certain of, he doesnt know anything and all he can say when pissed is that he bets his house on it.. and refuses to downgrade reserves or retract statements as instructed by the ASX..

how much money would you invest on a clown like that?
 
Bet quite a lot around fifty cents for the heads and 40c oa's actually.

He did quite well by me.

The man is a legend.

Keep it up wayne,you will have the last laugh.

The suits and media will have to eat their words and humble pie.
 
Just saw the presentation available on the cdu website ,the size of the deposit looks huge, so I,ve jumped in at $4. So hope he keeps up the spruiking and he comes good .Taking a chance!!!!!!
 
rico01 said:
Just saw the presentation available on the cdu website ,the size of the deposit looks huge, so I,ve jumped in at $4. So hope he keeps up the spruiking and he comes good .Taking a chance!!!!!!
Click to expand...
That's a novel way of valuing the resource potential of a company. You haven't seen the hole in my garden yet...
 
i see the directors were furiously pumping and dumping when the now infamous presentation was being done, and in spite of that the asx does nothing to prevent these guys from making a killing on your hard earned dollars. all that was being hyped up in the presentation was inaccuate and had to be retracted... but inspite of that, there is no law to protect you for believing it and buying shares from the directors.

I guess as long as the asx stands by and does nothing, then the likes of these are able to operate in the guise of a publically listed company. The directors did in no way answer the asx questions the other day, and remain defiant in their instructions from previous warnings.

if you see how much of a toothless tiger the asx really is, then it makes you wonder how many other operators out there know jack squat about anything!! you can do as you like and never be called up before a court for pump and dumps, or for continuing to defy the regulators,,

There are many ex criminals busting their chops to get back into the asx, alan bond is one case in point, and when you see the old school operators returning like big kev, you have to reason that there is little incentive for them to stay away.. i saw that one of the motor giants richest men in asia got caught the other day...

When you have no credibility then you should be wary of any desperate operator, and of desperate old timers will do and say anything to sell you a share for whatever price they can get, they will just write up as many options for whatever price to give them a licence to print money literally, and there are always people out there willing to listen to the hype of a quick buck.. and the bigger the better.. be wary of the manner of the management.

BTW the directors of CDU have made it very plain they have no intention of hanging around for any long term plan.. think about it!!!!
 
Pleasing to see the market re-rating this cretin's company down today. I am not too concerned any more whether he has the copper or not. I agree that ASIC should have the teeth to put these sort of operators out of business. He can make a fortune on other people's money - I sold out yesterday at basically break even after 5 months and am happy with the decision. Pretty disappointing to see the directors selling down during the false rampings.
 
An interesting time for the company.

My guess is they are infact sitting on a REALLY big pile of copper.

I also think they may have got really excited about it along the way without having 100% of the data ready (not unexpected given the possible size of the field).

The question - opt out from the big talk or just keep buying quietly and wait for the test results?

 
This is certainly an interesting geological area hosting copper, cobalt, gold, silver and uranium, the latter two having been reported on as having been found in significant quantities in areas away from Las Minerale.Details have been scant with respect to these so we will have to be patient as well as wait for drilling of a 50 metre high 300metre wide breccia near the Wilgar uranium anomaly to establish it as an extension of Las Minerale- a kilometre away.
Whilst the drilling programme is focussed on Las Minerale, there are other areas remaining untouched . I am thinking of one to the east of Las Minerale which adjoins the Xstrata lease area.
The prospects of locating additional good finds are there in my opinion from the testing done to date and I still believe this is a major find on the basis of Las Minerale alone.
As a family ,we remain large shareholders in this company riding through the highs and lows.
 
I hold CDU some trepidation because I think the antics of the BoD get in the way of the geology. I'm wondering how the Las M, extension et al compare with the First Narrows' Chester Project reported http://biz.yahoo.com/iw/070208/0213136.html "Assay Results Continue to Confirm High Grade Copper Over Thick Intervals at First Narrows' Chester Project Thursday February 8, 9:59 am ET

Hole C-06-034 Intersected 14 Meters (45.9 ft.) of 4.07% Copper, Including 5.2 Meters of 8.05% Copper

Hole C-06-035 Intersected 27.2 Meters (89.2 ft.) of 3.34% Copper, Including 7.0 Meters of 5.31% Copper

VANCOUVER, BC--(MARKET WIRE)--Feb 8, 2007 -- First Narrows Resources Corp. (CDNX:UNO.V - News) ("First Narrows" or the "Company") is pleased to report the latest assay results from the 2006 phase of the resource definition drill program completed on the 100% owned portion of the Chester Copper-Polymetallic Feeder Deposit.
The feeder deposit is interpreted as a mineralized cigar-shaped structure greater than 1,000 meters ( > 3,250 ft.) in length with one to three (or more) stacked, gently westerly inclined and northerly striking, sheet-like internal zones of higher-grade mineralization of variable thicknesses
 
Cudeco has been trading in a very tight range of late $3.63 to $3.71 on fairly low volumes. At the time of the agm shares were $3.91 and I thought at that time, after attending the agm, they were great buying. Current price is even lower. Negative publicity has raised doubts in peoples' minds. An old share advisor once said to me "buy straw hats in winter".
Next announcement should be out any day now.
 
You would have to think that if the GEO's are willing to be remunerated in CDU shares for services rendered....past and present, then the current SP of CDU represents some real value.

Or then again it could be as simple as CDU has no funds to pay them in the the crinkly variety!.
 
CDU had good gains yesterday with 3 states on public holiday. Limited sellers may see this pitch back over $4 today. A good trade if you can get in early, or a good 2 month hold given expected upcoming announcements.
 

Las minerale delivers high grade copper intersections@1.35%-3.05%!!!
Don,t know if that is real spectacular but it should give it a kick along I hope
 
rico01 said:

Las minerale delivers high grade copper intersections@1.35%-3.05%!!!
Don,t know if that is real spectacular but it should give it a kick along I hope
Click to expand...



Well the market likes it currently $4.02 + 37
 
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