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Cardero Resource Corporation (CDYCF) [hlAlert]

Rating:
Sell CDY
up 593.06 %

Cardero Resource Corporation (CDY) downgraded to Sell by Dundee

Posted on: Tuesday,  Jul 30, 2013  8:25 AM ET by Dundee

Dundee rated Sell Cardero Resource Corporation (OTCBB: CDYCF) on 07/30/2013, when the stock price was $0.07. Since
then, Cardero Resource Corporation has lost 85.57% as of 08/27/2015's recent price of $0.01.
If you would have followed this Dundee's recommendation on CDYCF, you would have gained 593.06% of your investment in 758 days.

Cardero Resource Corp. (Cardero) is a Canada-based, mineral exploration company. The Company and its subsidiaries are engaged in the exploration of mineral properties, primarily in Mexico, Peru and Argentina. Cardero is assessing, acquiring interest in and exploring a number of mineral exploration properties, primarily those it considers to be prospective for gold, copper and iron. The Company considers its material properties to be the Iron Sands Project (Peru) and the Pampa de Pongo Iron Project (Peru). The Pampa de Pongo property consists of 8 mining concessions acquired by the Company from Rio Tinto Exploration and Mining, S.A.C. (Rio Tinto), plus an additional 10 applications for mining concessions made by the Company in June, 2008.

Dundee
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2013 8:25 AM Sell
None
0.07
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2013 9:25 AM Hold
None
0.13

(*) Stock Price at the time of the recommendation.
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