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Re: momentumtrader post# 11808

Thursday, 04/08/2010 5:17:03 PM

Thursday, April 08, 2010 5:17:03 PM

Post# of 80983
Momentum, you are totally incorrect. The numbers as far as stock are correct, but you have the land and deal totals completely wrong.

I am not here to bash Cerro, I own Cerro and also believe they will do very well but the actual percentage of the deal are:
Juan 33%; Cerro 20-27% and Medinah 40-47%. This all depends on the final cut which has as far as I know not been determined.

While Cerro has a smaller float, Medinah with it's larger share, the LDM, the Madre and Pumillahue claims should be in the long term a much better deal. And all of that and $2 will get you a cup of coffee.