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Cadre is a company that has concessions on a river in Venezuala and
intends to produce gold, diamonds, gravels, and black sands on a large
scale. The expected cash flow numbers I will use below only reflect
the gold and diamond production, and on an anuall bases.
Cadre, with 3.9 million shares outstanding is waiting for the filing
to vend in significant concessions to their portfolio of properties.
Along with that, production numbers from current properties and the
new properties. This should remove the obsticle in the way of an
initial financing to kick off a business plan, that has anticipated
cash flow from operations of $2.00 + a share U.S. in the first 6
months and over $ 10.00 a share after one year. This estimate includes
the estimated dilution for the financing. The company # is 1-800-883-
3188. When you see the current price(1.00 C) it will seem to good to
be true,I thought it was. Any questions, feel free. There is alot to
this story, and IMO good reason the stock is at a discount.
As a matter of disclosure, I have been accumulating this stock for
about six months, with an average price of about 1.15 C. |
