Copper Dev Share Discussion Threads

[topinfo] 11/9/2013 14:41

Look at NEW also

[topinfo] 11/9/2013 14:37

Right Times Newspaper and Daily Mail. Please note OSU has 8p cash vs share price of 4.5p mid and all assets in for nowt.

[stockologist] 11/9/2013 14:36

BAM BAM Rubble - 04 Sep 2013 - 22:49:04 - 1236 of 1285

Personally, I find the whys and wherefores of Bam Bam Rubble a rather unengaging topic

Re: the forward statement on 2013 costs, I would add; "Forward statements are based on reasonable assumptions but actual results may differ materially from such statements".
Also other factors in addition to operating costs (i.e. investing) make up cash burn.

CDC have never been shy when it comes to spending, particularly corporate costs;

..................FY 2010.......FY 2011.......FY 2012
Directors/Staff -$476,110...-$1,171,205...-$1,300,025
Administrative: -$665,164.....-$827,027.....-$417,595
Consultant fees -$850,000.....-$485,500.....-$636,677
Travel & fun: undisclosed.....-$201,858.... -$162,979
Legal & Other -$7,662,371...-$2,352,725...-$1,067,347

[topinfo] 11/9/2013 14:34

CDC Its only just started.

[topinfo] 11/9/2013 14:31

CDC paying over!!! This will be over 4p soon and thats only cash. Nothing for all the rest. Huge asset in Bassay and stake in crazy horse Resources

[topinfo] 11/9/2013 14:29

Paying over now

[topinfo] 11/9/2013 14:28

CDC People now cottoning on. The cash alone is more than 4p. You then have Bassay and stake in crazy horse resources on top of that. Broker tgts 19p without Bassay and 109p with I think


The Times

Tiddler to Watch: Copper Development Corporation marked time at 2.38p. An American institutional investor, which has been persistently selling the shares since they were 30p in March, was said finally to have been cleared after about 5% of the company changed hands. Bulls quickly calculated that CDC's cash alone roughly equated to 4p a share.

[pilot48] 11/9/2013 13:59

The Times

Tiddler to Watch: Copper Development Corporation marked time at 2.38p. An American institutional investor, which has been persistently selling the shares since they were 30p in March, was said finally to have been cleared after about 5% of the company changed hands. Bulls quickly calculated that CDC's cash alone roughly equated to 4p a share.

[duxy786_3] 11/9/2013 10:00

Stockologist - DM got taken to court over this some years ago. I doubt they will even think about this again! LOL

[stockologist] 11/9/2013 08:19

or Daily Mail helping out their mates who took the placing and will now be trying to get rid of the overhang they took on

[treacle32] 11/9/2013 08:13

Some decent buying here, 500K, 225k and 250K chunks.

Maybe the Daily Mail snippet was just the ticket to show bargain hunters cash really is 4p a share. Markets likes these sort of stocks on recovery which have fallen heavily and have cash & assets at multiples of current price.

[loverat] 11/9/2013 08:11

Perhaps this one being overlooked following the MARL news but still good volume.

[treacle32] 11/9/2013 08:02

Got 50,000 shares as a punt based on 4p cash, seller clearing out, and the Daily Mail snippet.

Also, pointing to a break-out on the chart after consolidation. DYOR.

[pilot48] 11/9/2013 07:45

Cheers. Just need management to light the touch paper.

[loverat] 11/9/2013 07:39

Well, there you go then. Might be a run up at some point soon based on what is happening in the markets.

[pilot48] 11/9/2013 07:15

Saying what?

[aughton 3] 11/9/2013 06:52

Mentioned in the Mail today