Replies to post #2104 on Coastal Pacific Mining Corp (fka CPMCF)

[billmick11]

My understanding was that they had sufficient capital to complete testing and start production. This raises a bit of a red flag about being able to actually start up their production operations. I agree the pps is going to drop and there's going to be some selling, but I'm going to stay in this one for the long haul. Average down at the botttom and hope for a positive outcome. Was excited about this last fall, am still excited, but much more guardedly so. All my personal opinion. GLTA

[mo 1]

Achybreaky999

I understand the need to raise operation funds via the sell of stock. In my post I did not disagree with the strategy and all I basically said was the stock will drop and I expect it to lose 30% of its value when this news spreads. I say this because there is not likely to be a PR containing substance anytime soon. This is because of the huge weather delay and other factors. Eventually, this stock will increase in pps but traders will not continue to wait since the upside will be a lot smaller than most had anticipated.