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

To: marcos who wrote (62027)	10/29/2008 4:50:29 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 78409

I don't think there is anything wrong with CFO except that it is severely undervalued. $C10.5M cash Market cap C$25M Option on 5 properties with resources, including two in Abitibi where they had 1.2M ounces before the even started drilling earlier this year. We will know in a few months the new count and it could well be far above 2M ounces. Also have tailings worth $190 millions at current gold prices that could started giving us cash flows in 12-18 moths. Don't know the costs there... but we are talking probably several tenths of millions of cash flows possible. Enough to pay for option payments, exploration ... So I don't see anything wrong.except the low stock price. Also take a look at TRY for something even more undervalued. Nice article at minesite.com yesterday on Try Resources.

To: marcos who wrote (62027)	10/29/2008 5:12:16 PM
From: tyc:>	Read Replies (1) \| Respond to of 78409

>>well that'll change some other day, won't it, That's one of the reasons I thought the charts were worth posting. Could one make money switching at the appropriate time(s). Like now (?) or 'play the trend' (?) I'm going to "keep" the charts handy.