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


To: Krikor who wrote (1056)7/7/2003 12:12:08 PM
From: TrueScouse  Respond to of 1285
 
Hi Krikor:

I'm certainly only continuing to hold CSL because of the possibility of a "multi-bagger". Although there's been quite a lot of shares issued since the original project studies, the float is still quite small -- only about 10 million shares and pretty closely held. The current market cap is less than $1 million US. If they get the permit and the feasibility study proves up the previous projections, I'm not selling for less than a dollar -- US or Canadian!

Best regards,
Howy