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Gold/Mining/Energy : Campbell Resources (CCH.TO / CBLRF.OB)
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From: TJTHEMAN10/4/2008 5:41:57 PM
   of 91
 
ASK has finally moved back to 0.025 on TSX.

28 1821 0.015 0.025 815 11
29 3113 0.010 0.030 650 4
19 6080 0.0050 0.035 220 6


For the past week or so the ASK has been sitting at 0.02 .

Now we seem to have a new ASK at 0.025 . Are the 0.02 ASK shares finally exhausted..lets hope that's the case . Looks like 0.025 to .03 will be the new ASK for all of next week .

Hopefully CCH can inch back to 0.04-0.05 by the end of October . ( For a 100 % - 150 % gain )

An update on Q3 is due in about 2 weeks . A movement of 0.005 every week should take us there . This update will have info about Meston , CB's progress & new revised production targets ( since CR is now closed ).

Also the Q3 concentarte shipment is about to be unloaded by O.P soon. It will be the same tonnage & grade as the previous shipment.

To the best of my knowledge Meston has received another extension . An improvement in Cu prices is also needed for the SP appreciate considerably.

If CB commercial production goes according to plan we might see 0.08-0.10 by the end of this year i.e Dec 31-2008. That's much less than AF's prediction of 0.25 to one of the posters earlier .

CCH is still expecting Q4 & CB to generate +ve cash flow in Q4 . Lets hope they can finally keep their promise & reach their target this time around.

TJ
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