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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL
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From: PaperPerson9/1/2011 10:18:53 PM
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I sold a few thousand CRJ wt today. I just had too much! Even tho I sense I could be selling just before they zoom.

Still my largest single holding. I Made up for it by buying more St. Eugene STEUF.pk.

With the St. Eugene I hope to trade them
In for CRJ common at a discount price.

Claude wants SEM badly because it knows how sweet the ore is getting at Amisk, where SEM owns a one third interest.

CRJ already owns 10 percent of SEM stock.

SEM has a willing cash buyer for its other important asset tartan hill.

Initial offer $4 mm cash.

So CRJ can bump up that pricetag and defray buying SEM by $5 mm or so.

Plus SEM has roughly $4 mm in cash, I think, so that defrays the purchase price as well.

CRJ already offered 0.o6 of a share of CRJ which works out to c12 cents right now.

Gonna hv to bump that up to make the deal.
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