Century Mining Corporation Message Board

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Gold/Mining/Energy : Century Mining Corporation

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To: pstad60 who wrote (54)	5/5/2006 12:16:13 PM
From: John McCarthy	Read Replies (1) of 545

Hi Tad .... First things first, in as much as I own the stock I should have known the information you posted - AND DIDN'T - so thanks! re:this >>>>>>>>>>>>>>>>> $881,250 / $1.50 = 587,500 shares This looks like very marginal dilution at this point in time for the last two payments >>>>>>>>>>>>>>>>> Lets round it down and dumb it down ... thats ZERO dilution ... Finally, for the laymen like me that can't read .... are we gonna (in 2006) (a) build a production facility in Peru AND (b) do exploration in Peru or (a) build a production facility in Peru and explore in 2007 or (b) exploration in Peru only and build a production facility in 2007 or no one knows (for sure) and we are waiting on a future press release to spell it out ... I'm aware of the Peru production numbers that have been bandied about for 2007 which implies we'd have to build production facilities in 2006 ... but my brain keeps telling me we don't have enough cash to do everything ... notwithstanding the rise in gold .... esp. if she has already targeted other properties in Peru that she might want to acquire within 2006 ... (unless she purchased with stock only) .... in any event, if you can see thru what the real cash priorities are for 2006 - and if you had the time - I would appreciate it if you posted your thoughts ... about it here ... regards, John McCarthy

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