CUO - Copperco Limited
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Re: CUO Worth Buying?
I was aware MBL was buying in just after Xmas and when I could see that there was truth behind that rumour I purchased just a small parcel of a mill @ 1.9 cents on the same day as MBL's . Chartwise good buying opp. now. Rerating in the new few weeks,MBL taking a stake, well worth a buy IMHO! Worse case scenario, I do my balls with 19K. Big deal I say.
Management have alot of experience under the belt.Big issue of shares, but i look @ OXR and if the can move from 80 cents mid year to their s/p of now well any share can move!!!!!
tdkx669 said:
I was aware MBL was buying in just after Xmas and when I could see that there was truth behind that rumour I purchased just a small parcel of a mill @ 1.9 cents on the same day as MBL's . Chartwise good buying opp. now. Rerating in the new few weeks,MBL taking a stake, well worth a buy IMHO! Worse case scenario, I do my balls with 19K. Big deal I say.
Management have alot of experience under the belt.Big issue of shares, but i look @ OXR and if the can move from 80 cents mid year to their s/p of now well any share can move!!!!!
This thing has finially started to move. has gone up 8% today dispite the negative trading mood today.
and look at the major holders
Mineral Securities 8.6 %
A Torresan 7.7%
Schroder Investment Management Group 7.7%
JP Morgan Nominees 7.6%
Macquarie Bank 6.1%
37.7% in total held by those big names.
anyone has done research about this little fella..?
and look at the major holders
Mineral Securities 8.6 %
A Torresan 7.7%
Schroder Investment Management Group 7.7%
JP Morgan Nominees 7.6%
Macquarie Bank 6.1%
37.7% in total held by those big names.
anyone has done research about this little fella..?
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Huge volumes on this stock, it looks like a day traders stock or is there actual investment going on?
I read feasibility (I'm not a big fan of copper as a stand alone) but given that it now sits @ $3 US/lb well lets just say am re-thinking copper views.
Anyone have a proper run down on this?
I read feasibility (I'm not a big fan of copper as a stand alone) but given that it now sits @ $3 US/lb well lets just say am re-thinking copper views.
Anyone have a proper run down on this?
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Hi folks,
CUO ..... report well-received by the market, today.
Price up, with good supporting volume, as well ...
happy days
yogi
I think this is long term one.
Just have a look at the major shareholders. more than 40% of the shares are held by institutions. Their decisions are usually backed by extensive research.
JP Morgan Nominees 9.4 (Increased their holding 2 weeks ago)
Mineral Securities 8.6
A Torresan 7.7
Schroder Investment Management Group 7.7
Macquarie Bank 6.1
quoted from the feasibility report released on 12th Apr
I am sure those institution who hold millions of CUO share will ensure the project get financed.
ALso, have a look at the ann. on the 24th. Linq resources and Mineral security Limited agreed to issue an $2,000,000 unsecured loan to CUO at a interest rate of 9%(quite low for a unsecured loan, my car loan is 12%) repayable by 30th June 2006(that is within 2 months time).
If you look at CUO's balance sheet today. They have less than $1mil cash in hand. What does that tell us? Those two companies better be 100% or 99.99% sure that CUO will get the finance before 30th June otherwise the loan repayment clause will send CUO bankcrupt and they will get jack**** back. I am sure JP Morgan and Mac bank wouldnt want that to happen.
and if you have a look at how EXT's sp shoot from 3cents to 10 cents within a week after they have announced that they got the finance from 3 UK investors.
Just have a look at the major shareholders. more than 40% of the shares are held by institutions. Their decisions are usually backed by extensive research.
JP Morgan Nominees 9.4 (Increased their holding 2 weeks ago)
Mineral Securities 8.6
A Torresan 7.7
Schroder Investment Management Group 7.7
Macquarie Bank 6.1
quoted from the feasibility report released on 12th Apr
I am sure those institution who hold millions of CUO share will ensure the project get financed.
ALso, have a look at the ann. on the 24th. Linq resources and Mineral security Limited agreed to issue an $2,000,000 unsecured loan to CUO at a interest rate of 9%(quite low for a unsecured loan, my car loan is 12%) repayable by 30th June 2006(that is within 2 months time).
If you look at CUO's balance sheet today. They have less than $1mil cash in hand. What does that tell us? Those two companies better be 100% or 99.99% sure that CUO will get the finance before 30th June otherwise the loan repayment clause will send CUO bankcrupt and they will get jack**** back. I am sure JP Morgan and Mac bank wouldnt want that to happen.
and if you have a look at how EXT's sp shoot from 3cents to 10 cents within a week after they have announced that they got the finance from 3 UK investors.
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Geez ... Thank you CUO for giving me some green on a red day ... good announcement out today
Re: CUO Worth Buying?
Well well well,
For my 1 million share parcel @ 1.9cents sold at an average of 40.5cents. Initial outlay was $19k for a return of a little over $400k. So much for doing my balls hey!!!!! LOL all the way to the bank I say!!
johnno261 said:
Well well well,
For my 1 million share parcel @ 1.9cents sold at an average of 40.5cents. Initial outlay was $19k for a return of a little over $400k. So much for doing my balls hey!!!!! LOL all the way to the bank I say!!
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And also the biggest load of cr@p someone has tried to put over a forum in a long time. Fair enough if it was an honest mistake but Mr Johnno reckons he banked 400k on an outlay of 19k - that makes it a barefaced lie
On 12th May every 10 shares in CUO were consolidated into 1 (ie. 1.9c becomes 19c)..............so instead of the 2000% gain that is claimed he actually made just over 100%. And that's assuming he did actually buy and sell at the prices specified. 400k my @rse.
I don't post often but when I see this sort of rubbish .........
Nizar - take this as an example of some of the tripe that people try and pull on sharetrading forums. In this case the offender was caught with his pants down because he didn't do his homework .
Ed
On 12th May every 10 shares in CUO were consolidated into 1 (ie. 1.9c becomes 19c)..............so instead of the 2000% gain that is claimed he actually made just over 100%. And that's assuming he did actually buy and sell at the prices specified. 400k my @rse.
I don't post often but when I see this sort of rubbish .........
Nizar - take this as an example of some of the tripe that people try and pull on sharetrading forums. In this case the offender was caught with his pants down because he didn't do his homework .
Ed
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Ha ha ha,
I actually hope he thought his stock was worth $400K! Muppet
Stunning drill results though from CUO recently.
Once the stale bulls are gone, $0.50 ($0.05) is an easy target. On fundamentals, only a punter or chartist would sell.
I actually hope he thought his stock was worth $400K! Muppet
Stunning drill results though from CUO recently.
Once the stale bulls are gone, $0.50 ($0.05) is an easy target. On fundamentals, only a punter or chartist would sell.
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