Copper Dev Share Discussion Threads

[27howard] 25/9/2012 10:02

And your point is ?

Read my post again, if Topinfo and his friends can make up what they like and get away with it then everybody can including jotoha2 !

[the count of monte_cristo] 25/9/2012 09:52

Cant afford the ADVFN fees to become a premium member :) You had done about 3 posts without mentiong that person.

[27howard] 25/9/2012 09:50

TCOMC

If Topinfo and mates can get away with what they post then jotoha2 has nothing
to worry about, this site almost encourages it, nothing is moderated.

[jotoha2] 25/9/2012 09:36

Rumours still abound for a placing , just testing your theory on whether the seller has finished, lets see who is right.

[27howard] 25/9/2012 09:17

That is disgusting, your posts of a placing at 3p were made up then to try and
get people to sell so you could go long cheaper.

[jotoha2] 25/9/2012 09:14

Lets see if you are right, have gone long for a little bounce!

[27howard] 24/9/2012 12:43

5.84p bid online, quite a premium so overhang has been cleared.

[27howard] 23/9/2012 16:15

jotoha2

Price driven down by seller, that seller was cleared on Friday, next week the price should recover.

[jotoha2] 21/9/2012 22:29

leobull , at least I have called it correct , and have made enough for a new 911 on the way down , look forward to going long once this bunch of dodgy dealers confirm their cash and future prospects , thats if the boys in the east allow it!

[27howard] 21/9/2012 19:27

Maybe that last trade is the end of the seller, each day the seller has shown
his hand.

[leoneobull] 21/9/2012 18:55

Jota-liar is an idiot spreadbetter. they have 12m £ & have done the majority of drilling programme already. so capital spend will be significantly slower.

[leoneobull] 21/9/2012 18:54

It is reassuring that the Significant Shareholders have not sold out...however Soltofara sold their equity stake & Soltofara is owned by none other than Mitch Alland. Selling equity in your own company is a way of shafting your own equity holders in CDC isn't it? My concern is that Soltofara was clearly potentially privy to info that there would be legal troubles ahead for Basay.

As of 3 August 2012 the Company is aware of the following persons who hold, directly or indirectly, voting rights representing 3% or more of the issued share capital of the Company to which voting rights are attached:

Percentage of issued share capital
Senator Sidecar Master Fund LP

45,319,998

19.67%
Luxor Capital Group LP1

39,189,077
17.01%
MSDC Management, L.P.

21,400,000

9.29%
Tocqueville Gold2

17,874,284

7.76%
Haywood Securities Inc.

10,392,840

4.51%
Regent Mercantile Holdings Limited

9,725,000

4.22%
Libra Advisors LLC3

7,124,714

3.09%

[27howard] 21/9/2012 12:38

lol

Sorry, just had to check the thread to see if they were the reason behind the buying, well one pump and dumper mentioned it so I was sort of right :-))

[the count of monte_cristo] 21/9/2012 12:36

howard, you were doing so well you went 4 posts without mentioning that name. I knew you would find 10 posts just to difficult.

[27howard] 21/9/2012 12:35

Why go 6.5p offer ?, 6p keep buyers interested, do they want to clear this overhang or not ?

[giantpeach2] 21/9/2012 12:33

If thats not enough proof ill eat my hat!!! off we go

[27howard] 21/9/2012 12:28

Overhang might be clearing today, seems to be some interest, just hope it is
not pump and dumpers such as topinfo.

[jotoha2] 21/9/2012 10:10

The count , surely an experienced investor like you would not take any notice of FD , they are there for a reason , and its not to make money for PI , its called the transfer of wealth from the unsuspecting to the well heeled , always has been , so one needs to be a bit nimble .

Notice the accounts are not out , whats the delay then?

[bam bam rubble] 20/9/2012 17:05

This enterprise hit the wall once already as Copper Resources Corporation, which listed in 2005 at 100p and suspended some years later at 4.5p. Since coming back to AIM as Copper Development Corporation history has repeated and its dropped from 40p to 5p.
Their joint-venture relationship with Solfotara also looks rather incestuous;

Jan 2005: Copper Resources Corp set up by Mitchell Alland (director of Solfotara)
Jan 2005: Copper Resources Corp acquired Hinoba Holdings owner of Hiboba-an mine
Mar 2009: Hiboba-an mine put on care and maintenance due to funding constraints.
Aug 2009: CRC sold its interest in Hinoba-an Copper Project to BBD Minerals Ltd.
Nov 2009: BBD subsequently sold it to Solfotara Mining (linked to CRC directors)
Nov 2009: Solfotara sold it for equity in newly formed Copper Development Corp.

[27howard] 20/9/2012 16:41

Price is dropping because there is a seller, each day at the close you see what they have managed to sell, today 150k at 5.25p, I think jotoha2 is scaremongering !

[the count of monte_cristo] 20/9/2012 16:39

jotoha2 - You are responsible for these rumours of a pending cash call and you are responsible for calling the price of the equity raising. Nobody else has heard anything about such things! You are the only person posting about this and need to take full responsibility for your statements.
They had 12m GBP of cash at April, and since completing the drilling at Basay, would have significantly decreased there cash burn. So we are all wondering how you have come to such statements.
Basay has the potential to be a world class copper project, so if/when the issue is resolved the share price targets that Fox Davies has been mentioning may look much more realistic. I think you also need to phone up FD and ask them why they have been ramping this share:)

[jotoha2] 20/9/2012 16:32

T count, rumours are rumours , its up to you whether you choose to belief or ignore them , how many people have been buying this stock since you and your buddies have been spinning a very positive slant on cdc, not good eh!

[the count of monte_cristo] 20/9/2012 16:10

jotoha2 - If your statements are true then how are you in possession of market sensitive news/information when the rest of us PIs are not? I think you have some explaining to do. Freedom of speach is one thing but spreading malicious rumours is another. Unless you can prove and back up your loud statements then they are nothing more than malicious deramping rumour.

[jotoha2] 20/9/2012 15:59

db , there are lots rumours going around re cdc , we all have to make up our own mind , the city works on greed and fear .

If one reads the posts on this thread over the last 8 months , the count and a few others have attempted to ramp this for obvious reasons , I see the company has issues which have not been sorted, and until it resolves those then am not going long , interim results should be out soon, that should throw some light on the subject IMOP