GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
This is why the post is very important, and any information given should also be researched by the individual taking it. I have shares in CMR, I will be honest I was quite worried, but with the research I had done and knowing full well what they have ahead of them, constantly ringing the company etc, CMR is worth saving. We here good news and bad on the post but most importantly we all are learning, I personnelly feel confident about CMR. All opinons should be taken with an open mind. Good Luck everyone
ready your post wrong sorry.
CMR will not go to Blue Crest, they will have other companies knocking on there doors. We do not need Blue Crest after what they have done. CMR will rise and continue on.
I have thought as you have that Blue Crest would like CMR's whole assets, and this would be quite a lot, they would make a lot more out it. If CMR does not come out of it and can not pay then Bluecrest can file Bankrupacy of CMR and take all CMR's assets. Only my opinion, just my thoughts, nothing to back it up, But I have faith with CMR to pull through, they got way much to let it go.
This is a shock to a lot of people, a very dirty move from Blue Crest have made. CMR deferred on 1st payment, but has not stop paying blue crest in gold. OK but bluecrest did not need to go this far, on first time production you will also go through teething problems, no one is perfect. CMR will pull through, people will release. my opinion only.
Bluecrest did not seem to have any interest, and things happen for a reason. Maybe in the long run blue Crest would have asked for more, more and more. I hope CMR has a clause to help them in the contract, but now with all meetings taking place another finance firm or company will believe CMR is worth saving. The quicker CMR can pay off Bluecrest the better, and I hope other companies out there think twice before dealing with Bluecrest, we all know they have financial issues but is not brave enough to admit it. CMR has still got a chance.
The RNS had not come from CMR but from Blue Crest. WE CAN ONLY HOPE.
CMR have been hit, Ramorai what come round go round and we are at early stages of what has happen. I had done a lot of research on this company, but regardless of who you go into no one would predict this happening, Blue Crest had a very good deal and to throw that away they must have big financial problems. Equity Growth Reseach, Proactive etc had rated this share and Allianz has bought more into CMR, I don't believe this is the end but may be a new begining, there is a lot of gold out there that CMR have got and a big company will not let it, someones watching. This is not the end.
and will always be one.
I feel so gutted, its a good thing i have a bottle of wine opened. This now give CMR a chance to get a better deal as the deal with blue crest was not good, I don't believe they will have much of an issue in getting a loan, due to what they have ahead of them. But now would be the best price to buy, remember they are still in production and producing, it sounds A LOT WORSE.
CMR has secured all there finance with bluecrest, production has started and it will not be long until good news to be announced. A company that has so much ahead of them, and the high profits to be made from Quintana, when they announce in a few months how much gold they have Produced, this will be an exciting time. All companies have risks out there, it comes with the territory, production will never run smooth every day, but there will be days that it will run better then expected. I'll stay with CMR and thanks for the recommendation of HMB.
There will be other miner cost factors so use $200. pofit near the $9M give and take depending on the movement of Gold price. Not to forget the second mine to start up which will give us another 6months of gold in 2009. We all are waiting for the latest up date I am very confident it will be good.
There are other gold companies producing more gold per year, but it is not all about how much gold, other factors like the cost eliments and how easy it is to get to the gold and the amount of shares issued. There are other miners that have lot more shares issured and we are OK here. CMR have got some amazing mines out there, I don't think people realise how good this company is going to be and the difference in the share price this time next year CMR will be. When you properly sit down and do your calcuation just based on the first year, you are going to be amazed.
Quintana is a very profitable mine, equity growth research advised a profit of $400 per oz of gold with a 15200oz of gold a year, gold is higher today and would make it even more profitable. We may not be getting much news at present but all good will come to those who are patient. At this present time gold is being produced, poured and sold and it is just a matter of time for CMR's value to increase.
2009 is going to be the year for CMR, this transformation is going to catch a lot of interest, there are many people selling and this is also understanding as no news has been announce since production, but those who have done there research will know a lot more is to come, that light through the tunnel will happen in 2009 and Quintana is only the first step forward. CMR has also opened the doors to some new friends that I would never have met, it has been a new path which I believe will take us in the right direction, I have learn't so much from this forum and I would like to say THANK YOU to you all. There are not many companies out there that have very approachable directors, for me when ever I have had to speak to a director they have always been there and have been very helpful, any other company would have told me to speak to there brokers, but the determination of making CMR take the transformation these directors have seem to come across very very strong and I don't think they will let us down, they want this more then we do. Trying it is good to here your little baby is back, to you and everyone else Merry X-mas. Bring on 2009.
Not to forget the the 2nd and 3rd mines in 2009. The OZ will keep on increasing.
I think CMR will be able to pay off the loan a lot sooner, once they announce profit next year, this will come across very positive.
What a pleasure it is to see CMR move up.
You make me laugh.
Not to sure what you mean.