Cadre Resources (CSL.V) Awaiting production #'s and Financ Message Board

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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ

CSL 316.32

+3.7%

Nov 25 4:00 PM EST

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To: Francis R. Biscan Jr. who wrote (586)	6/21/1999 7:30:00 AM
From: TheBusDriver	Read Replies (1) of 1285

Got all your emails. thank you very much. From reading what you supplied about CSL, it appears worse case, CSL could end up with 25% of what they have now? I saw where you estimated a $2/share income (incredable!)from that %age ownership. What do you see the share price being post JV? or am I missing the point? From reading the PR, this "agreement" between MMA, etal, seems to be a done deal. How can anyone of the participants back out now after the type of PR that have been issued? As an outsider looking to acquire this stock, I would be shocked if the market has not factored in the items in the last PR already into the share price. So what will drive us higher from this level (already a 10 bagger)? I guess it would be a formal agreement with a JV? I guess the wildcard is the gov't. BUT, if this is already a going concern, they will not need permits, etc. Or will they have to start the process from the start again? Thanks for putting up with my questions. Wayne

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