Member Info for Sandhopper

Hey steady on Gemma, carry on like this and you will soon have a notifiable interest (ha-ha). Have a good week-end, and lets hope there is some good news from the AGM next Thursday. Live to far away otherwise I might have gone.

Hi Nedd, this is happening to several companies at the moment, i.e., large share holders reducing their holding due to financial pressures from else where, thus affecting the share price. CMR being affected the same way by RAB "drip selling" their holding to liquidate assets. I think this will become even more common place over the next 6 / 9 months when share holders are having to balance their own finances. The only plus side is that for those (existing and new) share holders that can afford to be invested, then this presents a good buying oportunity, but in all cases you must do your own homework on the company first just in case there are any other lurking "nasties" that are affecting the sp.

Hi Guys, well what a week, and when you look at what has happened to the sp then we could be forgiven for feeling "downbeat". But hey - on a better note then in 6 weeks time we will be in Q4, and this is the time CMR say they will be producing. I did ring through to the broker today and ask if there are any delays, and they said there were none that they were aware of and everything is going to the schedule planned - so I look on this as some good news. Took advantage this week to buy some more to bring the average down to 1.71p, as I am still feeling positive. I think IHNC may be correct that RAB are selling off some of their holding as from another source I have heard they are having to liquidate some of their holdings in order to repay shareholders that are withdrawing from the RAB funds. This is bound to have an effect here if true, and possibly we may see a further drop ?? who knows, but I am still thinking positive about Q4 with no bad news coming from the company, and I've even let the misus look at the "world wide" travell brouchure !!. Have a good Bank Holiday every one.

Interesting comments about Rab manipulating the sp IHNC. Quite possible that Rab are selling not just CMR but also other shares as well due to their earlier possition of investing heavily in N.R. and then that all not going to plan, now needing to have "liquid assets" for future investment now the market is bringing many companies shares down to attractive buying levels. From CMR's website I note that Rab still have just under 19M shares representing a holding of 6.51%. I can see by "drip selling" thier shares in CMR (in order to replenish the cash they threw at N.R.) it could cause the small investor to think the worse, panic sell and follow suit, thus bringing the sp down here, even though good news should be just around the corner. Good for us that are in for the long term as this presents us now with a good buying oportunity at these prices. When production does start, then a couple of months either way on the anticipated start date should not make much difference to those of us that have been on board for a good while. It will be nice to see our investments climb back into profit, and with an average of 2p IHNC, then I don't think you will be waiting for too much longer, lets hope not anyway. Just like most things that get near to fruition whether it be a holiday, or whatever etc, then if a small delay does occur, excitement soon turns into frustration. So hang in there everyone, the reward is getting nearer.

It amazes me that people should be selling when if they had done their homework then they would know CMR will be producing gold in a couple of months from now. At these prices the sp is very good value IMO, and I just could not resist a top up. Short term then rewards will be available IMO, but longer term then rewards will be even better. According to the company broker everything is still on track without delays, and it is beyond them that they say the company may be producing £15M of gold by the years end, yet the market cap is still at £4M. Lets hope they are right, and if the anylists are right about gold shares in general, then the future looks to be "rosey". See gold has jumped $25 an ounce since mid afternoon today. I hope we can all look forward to a rewarding last quarter of the year, and an even more prosperous 2009. Personally I can't see a better oportunity in the next 6 months, and if anyone can, then please share your feelings / information with us all. I feel CMR will NOT dissapoint medium / long term.

Yes good to have an update. At first I wondered why the sp has not risen, so had another read of the RNS and you will see that to bring the Rasuhuilca project to development it will require approx £1.55M over a 5 month period. Now by the time the company get to that stage one would hope Quintana is producing and making money for the company, some of which can be used for the Rasuhuilca project. If you didn't take that into consideration then £1.55M with the share price (mid 1.5p) where it is today would mean possibly issuing and getting a take up on another 103.33M shares. (hope I have done my sums right) Now I know this is looking on the negative side, but the market climate at the moment is very negative as we have seen even when companies show they have made good profits, its just that the market expected more. Personally I still believe in the company, and am still staying aboard for the ride.

Good Morning PapalPower, now everyone is entitled to post their thoughts etc on these BB's including you. I have seen a few of your posts and although I don't agree with them, then you are entitled to YOUR own opinion on where this share is going, which looks to be in conflict with most other people's opinion. I thought to myself - why does this person keep posting "doom & gloom" all the time !!. I think I may have the answer - it's because no one loves him (I have seen a lot of replies to some of your other posts) and he is looking for someone to just to talk back to him which will cheer him up. So I thought I would send a reply to you in the hope it may bring a little bit of cheer to what appears to be a sad existence you must have. I hope by me posting this reply it may have brightened up your day.

As Nina Wang was reportedly described as the richest woman in Asia, then you can't imagine how big her estate must be. Owning approx 26% of RCG shares is a fair old packet in itself. As close relatives are challenging her will, then this is going to elongate the reconciliation of her estate, so it could be a while yet, buy who knows exactly where they are at this moment in time with the case. I am sure RCG are kept up to date with the possition, and when I contacted them they did say that as they are a "third party" to the case, then they cannot pass on any privileged information they may have. Now recently RCG have apponted Jonathan Caplan QC as a non-exec to the board, has he been brought in to negotiate the companies interest in this case, or possibly a listing on the Hong Kong Stock Exchange ?? Something we would all like to know I am sure, but will have to wait until events are concluded before the information is released. Lets hope it is sooner rather than later.

Hi Azzurri, now every one has an option of posting their feelings about shares on these bb's including you. Obviously CMR you feel is not for you. For those of us who have done a lot of research on CMR then we are just posting infromation and our feelings so as others may benefit, or as in your case not to benefit. I feel CMR has done all the ground work now to increase my investment in them over the next 12 months. Would be interesting for you to tell us what share has the potential for a bigger % increase over the next 12 months, and the reasons why. Come back by all means in 12 months time and call all of us who have invested in CMR sad ****ers, but please don't forget to put the word "rich" in front of sad. No bad feelings, but look forward to hearing your "tip" for a share with more potential than CMR over the next 12 months.

Mary if the mm's treat CMR like a lot of the junior miners then expect a drop in the sp. (buying opportunity) I expect if this happens then when the company report is touted around the city so "those that matter" are up to speed with the latest information, then we may see a journey north which if it goes to plan then CMR would like to "keep the ball rolling" and good regular news about the mines over the next 12 months should keep the momentum going in the right direction. Take your seat for a prosperous journey !!!

Having spoken to the company Nomad Adviser this morning they tell me that CMR have to confirm they have printed and sent a copy of the results to the shareholders. When this has happened then AIM will lift the suspension. I did ask how long will that be and was told it may be a couple of days yet depending on how long the printing takes !!

totally agree with you IHNC, CMR need to get the revenue coming in to avoid going to the market for more cash. A placing of more shares cannot be good for the current share price, and confidence in the company would wane. (just look at the share price of companies that have recently done a placing), Would be good to see them self supporting from the 3 mines that should be up and running by the end of next year.

Evening John, well I see if you were to sell half your holding at 8p you would have retrieved your original investment, have made £4000 profit, and still have 175000 shares to benefit from future gains. Not bad eh !! I hope this happens for you, as that would meen most of us will also be sitting on a nice profit from our investment. With the market as it is at the moment, then a lot of people will find it hard to resist selling before the sp gets to 8p. I would like to see the sp get there first before I have to make that decision, and hope for whatever reason I have not had to sell before. As said before, I have bought into CMR for the longer term and hope I still have my full holding when the first 3 mines are into production. Patience John, and I know with the market as it is at the moment, then patience may be a commodity that is in short supply. Hope you and the majority of us make it.

Before some Smart A** jumps in regarding my last post and says current share price is 00p so double 00p is still 00p. I meant to say the sp when the shares were suspended was 1.50p sell / 2.00p buy, so if relisted at the 1.50p sell / 2.00p buy price then the shares would have to almost double from here before it would be worthwhile for any director / employee to buy and immediately exercise their share options.

Mary, something else that I have noticed that may be reassuring at this moment in time is that director and employee share options in issue as of April 02nd 2008 are 22,950,000. Now the cheapest option price is 3p, ranging up to 20p, so this says to me that none of the directors or employees are likely to be taking up the option and buying to immediately sell until the sp has at least doubled from here, and most of us I expect will have some profit on some of our purchases if the share price was to double. Admittingly the 20p option must be exercised by 31st December this year, which I can't see happening, so this would mean some of the above options will not be exercised, reducing the current options available.

Just viewed the link again that G4C has re-posted - reassuring for all who are begining to feel a little anxious - also have read the latest broker report with all the up to date information about the CMR portfolio which is also very reassuring. Market conditions at present may knock the sp when trading starts again as CMR are not producing yet, but as soon as production starts which should be in 3 to 4 months time, then lets hope this will be the start of a very profitable journey for CMR and all of their shareholders.

Hi Walras, see my post of Tues at 21-24, could be to your advantage !!

Audit has now been completed, just waiting for the advisers to sign it off so I am told.

Quintana has a JORC compliant resource statement which has defined 109852 tonnes @ 24.58g/t gold, 19.85g/t silver (measured, indicated and inferred) containing 86,822 ozs of gold. This resource is still open along strike and at depth below the deepest drill intersects.

Phoned the Nomad Adviser this afternoon, and they now say results not out until Friday 18th the earliest.