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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (895)6/1/2001 9:23:06 AM
From: TrueScouse  Respond to of 1285
 
<<the first hints of financing to move the thing north in a hurry>>

Agreed. IMO, it's still a very attractive prospect if they can ever get the initial financing for the bankable feasibility study.



To: marcos who wrote (895)6/5/2001 7:37:50 PM
From: TrueScouse  Read Replies (1) | Respond to of 1285
 
Marcos:

CSL does seem to have some life in it. Another 20,000+ shares traded today. Looks to me like there's some accumulation going on.

I spoke with the company last Friday and was assured that the project is still very much alive. Seems like there's a group in the south east that's very interested, who claim to have the financing available and are currently developing their own business plan to see if it's a go. They may be visiting the site in Venezuela within a few weeks.

The total shares are now about 7 million, but at least a couple of million are closely held so the float is still quite small.

Does look like someone's nibbling....

Regards,
Howy