SI
SI
discoversearch

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 342.01+0.3%Jan 29 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Francis R. Biscan Jr. who wrote (607)6/28/1999 1:23:00 AM
From: TrueScouse  Read Replies (1) of 1285
 
Hi Rich:

<<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>>

Given that CSL traded as high as $2.40 when the possibility of a deal (any deal!) was much more speculative, IMO the upside should be at least that on any positive news from one of the potential partners. The float is still very small -- only about 4 million shares total (I think) and a lot of them in strong hands -- so we could have some real volatility in the weeks ahead.

Amazingly, I'm almost breaking even at these levels. I never thought I'd see that day <vbg>.

Regards,
Howy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext