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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ
CSL 318.48+0.6%Nov 7 4:00 PM EST

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To: menanna who wrote (1119)10/26/2004 3:41:29 PM
From: TrueScouse  Read Replies (3) of 1285
 
OrsaMinore!

Nice name!! I've been thinking of doing the same soon and going "anon". Any suggestions what I should call myself? El Ingles maybe? <vbg>

Just a quick follow up re Cadre. I spoke with the company. It is the same project! However, instead of doing the previous feasibility study, they're hoping for a contract to remove a large quantity of sediments from the same area (CSL concessions) of the Caroni. If this goes through, CSL would be paid to do this instead of having to finance a FS. Meanwhile the hydro authority would be achieving its goal of removing unwanted materials from the river -- a win-win situation, with potentially quite a lot of money involved.

Cash flow of a few million $ a year would certainly be nice!

Best regards,
Howy
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