Club Mulgoa

Tuesday, August 21, 2012

CDU

This AM is a milestone that CDU has passed before.  It went just over $4.  Production of minerals is going to start soon as it moves from a pure explorer to a producer.  Many exciting or silly events have passed.  As it becomes a "mature" stock, there is less room for the dramatics.  I have no intention of topping up in the near future as it is likely to move sensibly with fewer idiotic sellers available to me.

The next share price jump will be a result of a predator or a spike in copper price upwards.

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