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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (9659)4/11/2003 10:43:48 AM
From: re3  Read Replies (1) | Respond to of 39344
 
i note a projected NAV of about 8 bucks and a target price of 4 bucks...what about the other 4 ? -g-



To: russwinter who wrote (9659)4/11/2003 12:17:21 PM
From: loantech  Respond to of 39344
 
Thanks Russ. With luck they will add to resources and possibly find some new deposits with their 2003 drill program. Kerry Curtis the President is quite confident of finding enough ounces to extend the life of the mine to 275,000 oz per year production for a minimum of 10 years. At a ten year mine life banks and the bigger sharks really start to take notice. Initial drill results may start hitting before June 1 2003. The time to accumulate is the next 4-5 weeks, IMHO. I am long CBD.
Tom