Scepticism?!What's with the scepticism here lately?
As far as I followed this board, some of you guys boasted only a couple month ago that you owned several 100.000 shares each. Are you saying that you sold all or a large part of it at these prices??
Time for a quick re-cap - CBR has:
* almost a million ounces on Comittee Bay with very good grades over very significant intervals
* clear potential to grow this substantially and to benefit from future infrastructural improvements in the area
* a big share in an upcoming Australian gold and nickel producer
* enough money in the bank to ride out harsh weather for 18 month at minimum
As for NIB: everybody was sceptic at first about CBR to sell their interests down under but in the end it turned out that CBR management did all the right things. So one should cut them some slack regarding NIB. They know very well that they will not be able to afford another aquisition. With the high grades found by NIB so far, I can imagine that some test mining should be possible on their property in the not-too-distant future, thus hopefully some early cash flow for CBR.
As we speak, CBR is probably among the top 10 most solid gold junior investments in the under-30 mio $ MK peer group.
Very long on this one.
And why not. Downside from here like what? 5 or 6 cents?
Upside: 20 or 30 percent any given day on drill results, resource estimate et cetera.
And multi-bagger if you have one or two years time.