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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (21374)	9/18/2006 8:51:46 PM
From: BensonInvestor	Read Replies (3) \| Respond to of 78403

E. Charters - Your CCH analysis was very, very Weak E. Charters, Your opinion on Campbell showed such a lack of research thoroughness that I almost threw up the meal I was eating. And you’ve been a member of SI since 1996? Give me a break! You wrote: To justify a 50 cent share price, CCH would have to mine 2400 tons per day of 0.20 OPT and make a 25% profit after taxes on that. The problem is that you are implying Campbell has gold production only. Well I’ve posted about 10 times on Campbell, and in almost every post I have discussed that Campbell is a copper and gold producer. They produce more copper than gold. One of my first posts on Campbell had this paragraph… Campbell’s “Copper Rand” mine will be at full production in about 5 months. It will produce about 14 million lbs copper and about 37,000 ounces of gold per year. Copper production costs will be about $1.25 per pound. Gold will be treated as a byproduct (all profit). That’s over $30 million in earnings right there, and Copper Rand will be only one of 5 properties they will have in production by late 2007.” Message 22818974 (I will post some updated numbers, with input from the Prospectus, on the Campbell board in about 10 minutes). So E. Charters, perhaps you missed my first Campbell posts, but you were all too happy to examine the shares outstanding, and come up with a negative post on share price expectations. Did you bother to read a single report from the company, before you posted such incomplete analysis? Serious, Dude. It just sort of insults me when veteran members of a message board system will post their exalted wisdom, without even spending a minute doing serious due diligence. It says “Copper” is almost every report that Campbell has issued. At their premier new mine (Copper Rand), the gold component is a byproduct. That’s way better than the 25% after tax profit you wrote about. Production costs are zero! In the 3rd and 4th quarters of 2005, Campbell was already getting about 2 million lbs copper per quarter out of this mine. And if anyone here wants to rush to Mr. Charter’s defense, and try to flame me, take note that when OnePath asked me to comment on Nuinsco (NWI), I at least took the time to read the Nuinsco website. I was able to refer to 2 Nuinsco projects by name. OnePath may disagree on my overall conclusion, but at least I showed OnePath the respect of looking at NWI before posting. For you to not even know that Campbell produces copper (before posting a negative bias) is way too much of an oversight. Benson