Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DetectiveT who wrote (125059)	7/24/2008 11:01:37 AM
From: Proud Deplorable	Read Replies (2) \| Respond to of 314090

"Our resource juniors need this kind of action desperately! Should help CPQ eventually." I totally disagree. This is a bad thing for the industry if a company can find 20,000,000 ozs and give it away for peanuts. It sets a bad precedent. If this deal goes through I no longer will invest in any gold juniors/explorers because I'll never get a good return on them I hope Ecuador rejects this deal

To: DetectiveT who wrote (125059)	7/24/2008 11:24:23 AM
From: ogi	Respond to of 314090

I really think K has made a very smart pre-emptive strike here but I am not seeing it add any bounce to what I follow. CPQ should see a better premium to ozs in the ground given easier access to infrastructure, Mexican jurisdiction and rapid payback from a near zero strip ratio on an oxide starter pit. I sure don't want to see CPQ breaking down any further than this or it may see $2.65 again. Regardless I am holding til I get bought out. Which I expect may be around first quarter of 2009 but all predictions of the future in jr world are guesses. If the POG is over $1,000 then it won't hurt the CPQ cause either. Cheers, Ogi