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 322.80

+0.5%

Dec 4 4:00 PM EST

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To: William Puget who wrote (688)	7/29/1999 10:43:00 AM
From: Spiney	Read Replies (1) of 1285

Hi WP, I'm not speaking for Rich...just my thoughts on your comments. Teck and Marietta are basically investing in the project right now They have both visited the site- Mariettta has committed to sales of product and Teck has commited to jv/operator/ of project after their DD is complete. This company is TOTALLY unknown to the public and I'd guess that most followers on this thread paid much more than .75 for their stock - so this buying base is probably used up. The company needs to start promoting...but they will need money to do that. As far as institutions and funds...there are only about 4.6 million shares fully dilluted. Far too small for the big guys to get involved. They prefer companies with liquidity - CSL is not liquid. I'm sure people are starting to look after that last press release but big money will stay on the sidelines until there is a confirmed deal with Teck. They don't care if they pay .70 or 3.00 - if they like it they'll pay to get involved. good luck. spiney ps. tell everyone you know about this one - the company needs fresh investors who are new to the story and the developments.

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