Celsius Resources Share Discussion Threads

[jpuff] 04/5/2008 08:20

Morning all. EK did buy a load of Cordillera before suspension. I wonder what his take on the situation is or whether he has written them off!

[the dogsbody] 30/4/2008 09:06

See another company took the epic code around end of last year.
Wasn't EK holding a few millions of these when it went into suspension?

[macansy77] 30/4/2008 09:00

anyone heard anything on this wonderful company!?

[maxp0w3r] 05/3/2008 09:00

anyone going to the agm on Friday?

[buzzzzzzzz] 25/2/2008 11:56

Well slap me instead!

reading never my strong point!

[crab4t] 25/2/2008 11:46

Buzzzzzz---- Why do you suggest I slap my wife? I think you mis-read my post. I never said CLA was to be wound up !!! Regards Crabby.

[buzzzzzzzz] 14/2/2008 18:04

Crabby give your wife a slap!

I have just spoken to Greg.

CLA NOT being wound up but recapitalised and this has taken time due to the credit crisis and shoulkd be finalised soon.

The valuation in the accounts is low due to the auditors being cautious.

The fat lady hasn't started to sing yet.

[kdixon148] 14/2/2008 16:42

GRRRRRRRRRRRRRRRRRRRRRRRRR

[macansy77] 14/2/2008 15:16

and a particularly nasty one at that...

[macansy77] 14/2/2008 15:16

and further - doesn't sound good that MNSS is possibly to be wound up. Another duff move from CLA and still wondering whether we all haven't just been taken for a ride on this one...

[macansy77] 14/2/2008 15:14

crab4t - sorry, i've not checked this thread for ages. Mainly coz i don't particularly like being reminded of £80k gone down the drain. I'm sure you can appreciate that! I haven't spoken to GK since last we spoke but will contact him again - let me know if you still want his number.

And next time if you want to contact me, just leave a message on the FRR thread or email me....!

[crab4t] 13/2/2008 16:19

My shares are held in nominee account via Barclays,who are supposed to pass on to me any info issued by CLA. They never ever have done so, despite me asking !! If anyone does receive the promised newsletter, please share details on this board. I will pass on any info/update received by phone from Greg K. Regards Crabby.

[woddle] 11/2/2008 18:53

thanks for the info crab, very greatfull

[crab4t] 11/2/2008 17:06

Been in hospital,wife took telephone call from Greg on 7/2/08 basically mnss to be wound up possible news letter to be issued to all shareholders within 7 days.
Greg.promised to ring me on my discharge, hopefully with-in the next week or two.
Macansy thanks for nothing.

[crab4t] 04/2/2008 09:37

Left a message with Greg K"s answering service last week,asking for at least the courtesy of an update.Complained stongly re: lack of news or updates. No reply so far. No surprises there. Regards Crabby P.S. Macansy too busy on the Frontera board to respond here???

[crab4t] 13/1/2008 21:31

macansy Have you managed to contact Greg Kuenzel by phone ? I would be grateful for the new number. Regards Crabby.

[maxp0w3r] 09/1/2008 19:53

I've been following this thread along with the old CLA one with interest. I
also hold shares in CLA, not as many as some of you I'll accept but have just had a read back over the old posts. Makes for interesting reading!

CLA was floated at 1p with £1.5 million in the bank giving it a market cap
of £2.1 mill.

Then as a result of talks and speculation of a Russian Oil and Gas deal the shares started trading at 4p giving it a market cap of over £8 mill with nothing but £1.5 (probably less by now) cash in the bank and no other assets.

I'm not going to go over the history again, we all know what happended but for varous reasons the company never relisted after being suspended. At this point it still had £1.2 million in the bank. Have a look at the 30 odd other cash shells that were taken off AIM at that point. Most spent all the money and folded.

Yes the company is ours but as Buzzzz pointed out the value of CLA is the value of the cash. Even when it was listed that values it at £1.5 mill with maybe a premium for the quote. Not the £8 mill that a 4p price that many (even me) bought shares at.

Anyone consider this was a high risk play and high risk plays have a downside?

Anyway, just my 2 cents for what its worth. Sure some will blast me for it.

[macansy77] 09/1/2008 19:22

which reminds me, i've got to ring GK and chase up...

[buzzzzzzzz] 06/1/2008 13:19

crabs

I have no idea on the value.

CLA will be valued at cash in the bank until we have a project. Cash in the bank is what we get from MNSS!