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Chachingxx

12/04/10 11:08 AM

#475 RE: deepsea104 #473

doubled down also at .13:)

55 chevy

12/04/10 4:08 PM

#477 RE: deepsea104 #473

Several weeks ago I heard Pat Gorman on Hard Money Watch say they would be dredging in the first Quarter. Lets hope that it does happen. I believe that the company has a good idea where they will get the financing from, they just can't say yet until its finalized, (my opinion). These are smart people, with contacts all around the world. They seem to be making all the right moves, they were even excited to say that they helped design some of the equipment. I'am very optimistic !!!

55 Chevy

hondaboost

12/04/10 11:58 PM

#479 RE: deepsea104 #473

dredging is in their top plan and is going to be put in operation soon as the 'company is now actively seeking financing sources for such a future operation'.

CMIN was hanging around $1 - $1.78 when things were still hanging in clouds before Aug. Now, the company is going forward and everything is in plan and will be implemented.

SO, it would be definitely Unreasonable for it to stay at the current low levels. Especially, as Gold is going higher and higher!

Strongly believe it's going back to $0.7-$0.8 by year-end if not passing $1, and then, going back to $1.5 in the first quarter.