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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

CSL 316.08

-0.1%

Nov 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Karl Zetmeir who wrote (604)	6/25/1999 10:05:00 PM
From: Francis R. Biscan Jr.	Read Replies (2) of 1285

>>I'm really happy to see Francis and his family get some major recovery ... even if they can't sell it right not without blowing the bottom out!<< Thank you Karl.......it has been quite the character builder for all of us. >>It still looks good on paper. Congrats to all those who hung in ... let's hope this is just the beginning!<< It actually looks much better on paper, then before. I think this is just the beginning, but as Claude mentioned, if Teck takes the next step (which we should be finding out soon), they will surely complete a large bulk sampling to more precisely define the grades of the various products. The thing to keep in mind is once this study is complete, the risks will drop dramatically and estimates of future cash flows will be relatively hard numbers. If it is determined that the project will produce cash flows of 60 million+ and CSL even gets 25%, where will the stock price go on the release of the study ?? Unlike hard rock, there is little time between speculation and fairly hard numbers. IMO, it will say much if Teck goes for this deal and there will be alot of building anticipation. Glad you are still in for the good days, Rich

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next