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Cardero Resource Corporation Or Message Board

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  • tgzo123 tgzo123 Jul 22, 2009 11:37 AM Flag

    Very Rough Valuation with Big Assumptions

    Having read so much in depth analysis and speculations, one thing is for sure, this stock is a serious laggard. One can possibly explain the SP reaction yesterday attributing to limited drill area, but the pathetic volume is hardly justifiable...

    It is unconvincing to say that retail investors do not follow iron sands / iron investments like other resource stocks, since a number of other iron junior stocks who have much less defined properties than CDU have doubled or tripled in the recent bull run with quite significant volumes attached to them.