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Gold/Mining/Energy : Caldara's Diamond CDR,M

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To: d.h. who wrote (51)5/10/1997 6:03:00 PM
From: Flip   of 303
 
I think CDR is in a very good position regarding their drilling results. Because Oz had such a good reputation regarding "close to the money results" and their self imposed regulations, any company that releases info regarding Ozzy minerals will be taken extremely positvely on the Canadian or U.S markets. I wish the same could be said for N.Americian miners.

I still have one question unanswered regarding CDR. Why did they apply to be listed on the Sydney exchange and then decide on Montreal? Yes raising money is easier over here but is that all? As I understand it for a company to make claims on any of the Ozzy exchange they must due their due diligence on top of their orginal sampling using different rocks retrieved from the ground at different times.

Any imput on this matter would be great

Yours Flip
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