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downsideup

01/27/12 5:04 PM

#143 RE: Popunjay #142

I'm not exactly ignorant about charts... but, the recent news might also be expected to weigh in on things here a bit...

These guys have a solid history of identifying large values others are ignoring, and buying them from others just prior to the market lows, then, after polishing then up a bit while the market flounders, they turn around and complete deals for a whole lot more money than they put in... in a much stronger market.

They did that handily with a south American iron sands project a few years back... made a ton of money on it... and now have turned that cash into something massively larger in value... and appear set to do the same thing again with the new and larger value...

CDY should be interesting in 2012...