Cardinal Resources Inc fka CDNL

[Burnt before]

This hardly seems like people running for the exits. Less than 1% of shares outstanding have traded this morning.

No its people manipulating situations and flipping it would seem, if you consider the movement in the last fortnight then its a reasonable % and on the Friday 23rd before that article dropped on the Monday 26th it traded 11 million shares, coincidence? i think unlikely. Plenty sold back in May/June and have fueled the sentiment ever since. Its a shame but we are now stuck in this range i feel until something substantial happens.

Seems anyone who was "long and strong" LOL on this got a good kick to the stones in the last few weeks.

Clearly the financials were in a shocking state going back to 2013 and explains the delay in the release of the audited financials. Once opened up by a professional it really was a can of worms.

To be frank i am amazed the Chinese are still hanging around based on the debacle of the last few months, KJ has IMO let a lot of his supporters down making them look like mugs, i am sure he was well aware that the financials would not be out for some considerable time based on the comments attributed to the CFO with regards IRS issues etc. It certainly explains why no more Chinese money has been released as of yet. I am sure they are waiting on the audited financials as well.

I still feel this will rise in the long term if the financial mess can be sorted out but due to sloppy management and misleading statements only the flippers have won so far.

Very disappointing and i guess sadly predictable, pennies are for players

GL