Cloudbreak Discovery Share Discussion Threads

[rupe1958] 31/1/2008 14:03

Crazy -
It isn't possible. Jenkins Stockbrokers has no buyers

[crazy russian] 31/1/2008 11:37

then sell them
and establish an actual loss!

[rupe1958] 31/1/2008 10:03

Turbotrader - thanks for clearing that up.
A pity. It would be worth more than 4p to me as a tax loss.

[turbotrader2] 30/1/2008 22:39

No you cant!!! It still has value and currently that is 4.25p

[rupe1958] 30/1/2008 13:47

As Cardinal has been de-listed from AIM and is no longer tradable is it possible to treat the investment as a total loss for CGT purposes, and to set the loss against profits from other trades?
My guess would by 'no', but any advice would be appreciated

[xenawarriorprincess] 24/1/2008 22:08

ZENGAS

Indeed :-)

We'll find out more once the website is updated.

Xena

[zengas] 24/1/2008 21:55

Xena

Heard a rumour that a seismic programme/interpretation under way (Condor assets).

[xenawarriorprincess] 24/1/2008 21:46

turbotrader2,

I'm still here.

There's little to talk about until we get some more definite news. I haven't done much research on Condor recently, as most of the original links appear to have disappeared from the internet - but I'm sure that Cardinal are busy securing/finalising deals and identifying potential new deals.

I'm surprised that as yet, we do not appear to have had confirmation that the KEC/CDL deal has been completed.

Of course, the deal was conditional upon certain events happening and as far as I'm aware, not all the conditions have been satisfied.

The time period for all the conditions to be satisfied, expires on the 20th February 2008.

Regards,

Xena

[turbotrader2] 24/1/2008 18:59

where is xena?

[david brent] 22/1/2008 09:57

yes, we're saving a fortune!!

[writz] 21/1/2008 20:35

Well, the FTSE collapses 5.5% and my investment in CDL remains untouched by the carnage! Thankful for small mercies, etc...

[bb44] 17/1/2008 08:48

DB:

Latest circular reads: "the size of the ukrainian assets relative to Cardinal means that the Disposal is deemed to result in a fundamental change of business....the Company will not hold any tangible operating assets going forward".

If company does not have assets to operate - it cant be called e&p company but an investment company. AIM rules.

[david brent] 16/1/2008 14:12

WE ARE NO LONGER AN O&G exploration company!!



Cardinal Resources plc is an independent investment company; providing expertise and fundraising for exploration and production projects in the oil and gas sector.

This website is undergoing significant development, and as such some pages are not currently available.

The site will be re-launched in March 2008.

Cardinal is an independent company investing in o&g exploration and production projects and companies; with a view to provide expertise, management support and fundraising.

6.75% shareholding in Condor Exploration Inc ("Condor");
Administrative and Services Agreement, which provides for minimum payments of $250,000 per quarter to Cardinal for advisory work in relation to the operations of Condor;
Registered legal entity (UK public limited company) with in excess of three years of audited financial statements (a requirement of most recognised stock exchanges to become a publicly listed company);
Operating systems in place.

[shotts] 15/1/2008 11:33

simply my judgement

[david brent] 14/1/2008 14:47

shotts,

you use the word 'WILL' like it's a certainty. Have you got your ear to the horse's mouth or something? btw, if that horse's name is Natalia, it's probably best not post things like that in future.

[shotts] 14/1/2008 06:00

..given the price I paid for the share, I dont have much choice. But things are looking better and this month WILL see it moving forward.

[crazy russian] 13/1/2008 18:58

well of course we all have a future

BUT

do you want to be part of it????????????????????????///

[shotts] 13/1/2008 18:52

....postive news before the end of January. This share has a future.

[david brent] 13/1/2008 00:34

the unlisted price is 4.5p.

[crazy russian] 12/1/2008 11:15

probably still best avoided though!

I am still holding (ugh!) however)

[david brent] 11/1/2008 23:22

;-)

TT2, you can have mine but as you know they're extremely valuable so i'll be expeting top dollar. How does 10p sound? (a share that is)