evening good people24 May 2008 00:32
brilliant to see so many posts about my favourite share !
- i really , believe this is going well over 20p this year !
now i have 350,000 of these beauties .
but i don't want to accused of being a ramper - so -i'll be negative by asking the questions my brother asked me last night....if i knew the answers , well i'd have answered him - so i don't know .
opinions welcomed....
1 / -are they extracting only or are they processsing as well ?
2 / -what are the percentages of rock to gold ( and i mean gold ) - precisely what he was asking is - to "produce" a 100,000 ounces of gold , do they have to dig up an area the size of London ?
3 / - now this is not in any way meant to be offensive - i am directly quoting the guy - South Africa is reviewing its gold mines to extract the last possible , guaranteed bits of gold left ( which shows the demand for the stuff ) - 'cos they know its there and they can send the (not going to use the word he used) underground , even though they know a fair old percentage of them are going to die .
4 / - the uranium is surely worthless - china has sent heat satellites up to map themselves and surrounding - they need plenty , for their power stations , they've got plenty , so what value does CMR put on theirs , why , and what are they going to do to "bring it to market" ?
5 / - have you looked at the political situation in the countries in which CMR operate , and considered accordingly ?
repeat - i'm positive
John