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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ
CSL 323.68+0.3%Dec 5 4:00 PM EST

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To: Karl Zetmeir who wrote (604)6/25/1999 9:10:00 PM
From: Claude Cormier   of 1285
 
Hello Karl,

You are right..it looks good on paper...and any selling will damage the stock... But that is what is exciting about Cadre... There are very few sellers. Of course, the higher the price will go the more the sellers will come. Still own a few shares from summer 1997 when I suggested the stock after Rich mentioned it.

The key to Cadre huge potential is Teck and Martin Marietta. They need a JV. If they do...I believe we can move to the $2-$4 level. Then all will depends what Teck will come up with after they complete their bulk samples. It will be either back to $0.10 or to much higher level.

I must say that the new comer in the picture, Martin MArietta, change the background quite a bit.
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