Hi tanoose,
Nice to see a discussion on CMM here at SI. I think I may have been the first to bring up this stock here on SI. The thread at stockhouse has been really good, but may be this thread you started will do the same here on SI:
Message 22108600
>'Smarter' Peggy back in the mining game
Former CEO of defunct Royal Oak Mines has a new strategy to go along with her new name and company
Drew Hasselback Financial Post Thursday, May 12, 2005<
siliconinvestor.com
>Letter from the President: As a 20-year veteran of the mining industry, I know what it takes to make a company succeed. It takes dedication, focus and an unwavering commitment to excellence. It takes a talented team of mining executives and mine staff with an eye on one goal. For Century Mining, that goal is simple: create shareholder value. From my role as CEO down to the blast specialists, that goal is foremost in our minds and impacts every decision we make. Creating shareholder value means having clearly defined objectives and developing processes to help achieve the objectives. A core objective for Century Mining is to be the next million-ounce producer in Canada. Working toward that goal, we commenced production at Sigma Mine in February and recently announced a significant exploration project on the Sigma-Lamaque property to increase reserves and resources. To further facilitate the one million ounce production objective, we have exploration properties in Quebec, British Columbia and Alaska, some of which were formerly producing mine. The Carolin Mine in particular shows great promise based extensive data compilation and historical records. We believe that there are sufficient resources that can be upgraded to reserves to support the development of the mine. We expect the market to revalue the Company in line with our industry peers as operating results at the Sigma Mine meet expectations. This presents a unique opportunity for you, our investors. Century Mining is undervalued. In theory, purchasing 13.5 shares of Century Mining stock at 40 cents lets you leverage an ounce of gold for $5. What other gold mining company can offer you that? Don't miss this unique opportunity to invest at the early stage. Century Mining is on course to achieve its objective of being the next million-ounce producer in Canada and we are committed to delivering shareholder value. Sincerely, Margaret Kent CEO and President<
Message 22251117
>The cheapest producer out there bar none is Century mining (CMM.V). And believe it or not it is cheaper than many of the exploration companies out there. It is producing around 100K oz per year and will have a good growth profile going forward because the management has the intentions and the track record of aggressively pursuing growth. This company is run by the former Royal Oak management and they are successfully turning around the Sigma mine in Quebec and this operation will provide the base for launching this company into the dwindling ranks of intermediate producers and hence the stock price into the stratosphere. Here is a nice post from Stockhouse that summarizes things<
Message 22019893
goldsheetlinks.com
Sorry tanoose, but I beat you to it for getting our beloved stock CMM as an entry into the goldsheet/SI contest <g>
-baystock |
