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 318.48

+0.6%

Nov 7 4:00 PM EST

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To: TrueScouse who wrote (1146)	11/22/2004 1:21:52 PM
From: marcos	Read Replies (1) of 1285

Once they get approval it will be conditional on financing, first stage of which will be for a bankable feasibility, likely .... so at what level can they do a financing, is the question, considerably above the current price no doubt, but not bouncing off the moon either, as it will be friends and allies getting placed .... my guess du jour, .40-.50, with two-year half warrants at .60 or so .... meantime more of the same i guess, zzzz, though i'm going to check it daily now for volume trades How do you establish NI43-101-compliant data for a placer operation? .... i don't think you can, really, without bulk sampling in size, and if you're going to do that you might as well go ahead and mine - if you can put the bucks together to do so .... but lack of 43-101 will mean major construction funds will not come from share issuance[?] .... this is where having solid partners will count big

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