GREY:CRMXF - Post by User
Comment by
robey743on Nov 28, 2012 11:00am
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Post# 20654429
RE: RE: RE: Info on company
RE: RE: RE: Info on company Golddigger & All,
CMA has two things going for it and we may soon see a positive outcome to this fiasco.
1) - CMA presently has valuable resources in the Nuevo Milenio Silver-Gold Project. True, their in-house NI 43-101 was not realistic and resources are not as plentiful as they forecasted; however what resource are present are shallow, (not deep) making them relatively cheap to extract.
2) - A major investor, Sprott, is present. Sprott, not willing to incur a loss on their investment, may well be instrumental in arranging an M&A between CMA and another Company. Sprott has done this in the past, (RX Gold and Silver recently merging with US Silver is an excellent example). I would not be surprised to see this happen soon.