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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (26396)3/4/2005 12:47:32 PM
From: Claude Cormier  Read Replies (2) | Respond to of 312358
 
<You must be getting excited for both CKG and DAE? The games are about to begin!>

Finally. I am very pleased with CKG price. IMO, it is fairly price near $7 for now. But just give us good results and it will be heading much higher. What peolpe do not realize is the huge size of La Gitana. We are not targeting 2-3 millions ounces here. IOW, if one don't own it, he should initiate a small position under $7.

I've been disapointed with DAE in the past months as it went lower that I expected. Compared to some clowns (excuse the term I am no big fan) in the Uranium and Moly markets, DAE is very cheap. Should be more like $2-$3 with only 9M shares outstanding and $3M in the bank. But it is coming back as we are closing on exploration results and start of drilling.