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I bought in at Thom's rec...~@.22...jumped way up,

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kudos2u Member Level  Friday, 03/25/11 03:22:33 PM
Re: Stock post# 16
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I bought in at Thom's rec...~@.22...jumped way up, and then was taken down with everything else recently. IMO it was simply a shakeout, so I bought a bunch @.12...couldn't believe it. If anyone had stink bids in under .10, they may have been filled as well. Gotta love it now. Grapevine says that Calandra thinks this could be another LODE, which absolutely flew (also got in on his say-so around 1.40 or so). Whatever one might think of Thom's past, his present has been absolutely straight up and honest. And he has tons of connections and LOTS of market savvy. He's not one I would bet against.

Sitting now waiting to hear the next step, but these are dummies who run and own significant share of this company. Here are some recent opinions on the company from theaureport.com website:

Bob Moriarty, 321gold (02/11/11) "Over 20 Moz. silver and 500 Koz. gold came out of the [Caribou mining] district. The entire place is now owned by Calais Resources. The old timers left a heck of a lot more gold and silver than they took out. . .But the work begun by Tom Hendricks will provide the foundation for a real mining company. In Colorado, the company owns 500 acres of patented ground and has claims on an additional 1,800 acres. The mine is fully permitted for 200-tpd production.

It's a rich deposit with over 100 identified veins with true widths between 1 and 6 meters. It's also high grade, ranging from 9.9 g/t to 19.5 g/t gold with 257 g/t silver to 627 g/t. There have been over 53,000 meters of drilling completed and the core is still around. . .Calais has more than one donkey in the stable. It also owns the White Caps mine located just five miles south of the Round Mountain Gold mine in Nevada. . .This is going to be a really interesting company to follow; there's a lot of gold and a lot of silver still in the ground."


Jay Taylor, J.Taylor's Gold, Energy & Tech Stocks (02/04/11) "I am bringing this company to your attention because it has some good assets and because it is being headed by David Russell, the former president of Apollo Gold, now Brigus Gold. This is a brand new story that is not yet trading in Canada. . .But I believe it is a story that is likely to gain substantial traction very soon. I expect to tell you more about this story in the near future. But what I like about it is that this is the brainchild of David Russell and that his family owns close to one-third of the stock. That means management has skin in the game—hence the desire to generate cash flow to fund exploration and development. Also what I like is a gold/silver resource of approximately 2 Moz. with major upside exploration potential, not only from the property in Colorado but also in Nevada. In summary, I see this as an early stage story that could become a tenbagger or more."


Thom Calandra, Ticker Trax (02/04/11) "The principals have almost everything in place to see their Caribou Mining District, after 40 years and eight failed partnerships, become a reality. . .Calais for its investors likely will repeat what Comstock Mining accomplished. . .reworking debt via convertibles and an equity placement. Result: A quadrupled stock price and cash to advance the alkaline vein system. . .As for the property, Dr. Hennigh, who toured the property about a year ago and worked there as a teenager, hazards a guess that the Caribou has no less than 2 Moz. gold encrusted in its hard galena-laden tunnels and stopes. Historic data from decades of drilling is said to estimate gold grades as thick as .05 oz. g/t in some veins and 10 oz. silver."

Their website is www.calaisresources.com/

Shares Outstanding: 142 M
Fully Diluted Share Base: 162 M

Corporate Presentation:

http://www.theaureport.com/cs/user/download/co_file/2007/presentation020211c1.pdf

WE need a mod here...don't really have time, but would glad to be an assistant. Someone want the position. We can sticky this stuff up at least...GLTA...jt






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