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Re: B402 post# 94

Thursday, 06/30/2011 9:34:48 PM

Thursday, June 30, 2011 9:34:48 PM

Post# of 136
Nice to see you post here, B402.
I know I'm not Warant, but why not give it a go.

The pressured price right now is due to one seller, Joe Dwek. A capital investor on behalf of clients.
The thing with Joe, is that as long as he's in the money he'll be banking on his investment.
Probably (on the figures I read from the poster Presaply) there must be around 6 or 7 million shares left.

I must also say that the chart shows very volatile behaviour last trading days.
Totally offset from the normal trading pattern.

In all, there are two properties drilled currently and one property just finished,
proving $1.2 billion gross value of copper in a 50% JV.
Another property in Ecuador I really would see being worked on is Macara.
JV with Newmont against good terms. Wish I waited with buying CGP until now, but couldn't resist
buying just before preliminary results PR from Gama - the gambler in me LOL

How blind we (or I) were with KATX, right?


For the share structure as of March 31, 2011

Shares Outstanding: 119,655,963
Warrants: 4,687,500
Options: 9,914,008
Fully Diluted: 134,257,471
Treasury Position: $4,100,000
Fully Diluted Treasury Position: $8,725,500


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