Club Mulgoa

Wednesday, November 21, 2012

CDU

Lots of bragging today but the exploration result is nothing that spectacular.  Well, who cares as long as the share price rise.  But the rise is not justifiable and hyperbole is questionable.  So when the dust has settled, CDU will land back on earth again.  My point is why sometimes a mediocre announcement is made and the market likes it.  At other times, a stock can make a fantastic discovery and nothing much happens.

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