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Doctor Rockzo

12/18/09 11:34 AM

#38 RE: oldguy #37

Thanks. Here is a link for the article:

http://www.marketwatch.com/story/cardero-receiving-final-usd-88-million-for-pampa-de-pongo-iron-ore-deposit-peru-2009-12-18?newsid=979495269&dist=bigchartssymb%3DCDY&sid=147977

Looks like they have $58 million in hand and should be getting the final $30 million by the end of the year. Was waiting for this for awhile and thankfully it has happened. It has been really slow going for these guys for some time now.