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Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (56856)	10/27/2010 10:49:13 AM
From: ogi	2 Recommendations Read Replies (2) \| Respond to of 233953

In an effort to get us back to investment/trading ideas during market hours, here is a quick synopsis of a stock I have been accumulating of late: CDR.v Caldera. They have optioned property in Armenia, (think LYD but higher grade). Been watching for some time and now drilling should commence within a month on the Marjan property which has a non compliant historic Russian resource calc of 1 mil ozs in all categories at a grade of 2.64. Recent fieldwork has verified that the Russian work was done well and uncovered an entirely new target as well. Just completed a 2 mil dollar financing, 50 mil shares out. Eric Sprott took down 1 mil bucks and Pinetree added to their position. There has been an issue with the property optioner and that is going to arbitration, so look into that, I do not see it as a problem. I know two of the principals and am comfortable with an entry here. Amassed a large position @ .135 on avg to play upward momentum and deposit growth. $ 6.5 mil mkt cap vs LYD of approx $ 165 mil. Here is their website: calderaresources.com Will be out for a few hours Happy Trading