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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD) -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (392)1/29/2004 10:32:14 AM
From: DeplorableIrredeemableRedneck  Respond to of 393
 
Lots of gold up there, lots of enviro whackos and natives and socialistic locals.
It often takes a loooong time to bring a mine into production up there.

Still , in time, this will become a $10 stock. Lord knows how much dilution they will endure while getting there.
To make a mill and mine there is $500 million and at $10 a share is another 50 million shares to go with their 54 million out there already.

stock will simply sit there and over the next few years reach $10.
I do not see a wild rise in price for this?