Allen; this is not your average junior, hang on to it! They have a mine
very close to production, properties throughout the world, 13 million
in the bank, a 3.10 per share book value, are in negotiations with a
major for a very interesting asset/equity swap that their geologists
are appraising right now, drilling in Suriname in 2 weeks, mutual funds
and other institutional investors waiting to buy once production is on
line, one of the largest and most sought after properties in Indonesia
that sits right on top of the Central Kalimantan magmatic arc where the
arc overlaps the junction of three tectonic plates, the Polaris Taku
mine in northern British Columbia is worth $2.00/ share alone at this
stage and gold reserves have doubled once this year after exploration
and they may find a lot more, company has been compared to a young Noranda
by more than one analyst, Dr. Art Ettlinger of Wolverton Securities
gives it a serious chance in Indonesia (see Info Mine Indonesia
Research Report), Ted Carter of Carter's Choice Newsletter gives it
a very high ranking in Indonesia ( Ted's Portfolio is only up 120%
since Jan. not at all unusual for him, not even his best year, ph.
403 288 7255, I know you will ask me for that #, that is Calgary,
Alberta., he brought us Bre-x from the very very bottom, and Arequipa
from 50 cents and some new tantalizing ground floor oppurtunities just
lately, he is well connected, several decades in the business, and takes
personal calls from 11am to 12am weekdays if you are a subscriber, CCM
wants to grow at a survivable rate and not bet the farm on one home run
swing, they want to develop producing mines that fund their exploration
arms, I believe they will be around for decades to come and you will
be very happy with your profits as so many of the juniors we follow
dissapear into the speculative thin air of the night.
Best Regards,
Britt |
