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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (90226)8/30/2007 11:18:47 PM
From: Claude Cormier  Read Replies (2) of 313113
 
Indeed it has been uneconomic.

But CKG pre-feas will focus on 5 significant modifications that they think will make the project economic. Those ideas were not considered during Cambior's time and the metal prices were much lower.

Even if the project end's up not being economic, CKG's other exploration results on other properties are more promising so far than the few grab samples at CME. CME and CKG have similar market cap fully diluted net of cash. But CKG has quite a bit more to offer as detailed by their exploration results on El Tecomate and Santo Domingo for instance. And they have ounces in the ground in 3 of their other properties (Talapoosa, La Gitana and La Cecilia).

I have no problem respecting your casino play, and it has its chances, and I am following it. But, can I suggest that you also give the benefit of the doubts to the very serious people at CKG who decided that Metates was worth a second look.
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