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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Valuepro who wrote (63411)2/12/2009 8:04:27 AM
From: Ed Ajootian  Read Replies (1) of 78419
 
Valuepro, Cardero (CDY) -- thanks for your thoughts, this should be fun ride over the next month leading up to the deposit deadline.

When you say that progress in the iron sands could add value to the $200 M, do you mean that you think Cardero would get a competing offer? It would seem that the Chinese don't believe that's very likely given that they are accelerating the activities at the site, on their nickel.

In any event I'd be thrilled if they ended up getting "just" the $200 M, as you say we are still looking at a double from here if that happens (assuming the market wakes up to this story).
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