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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Bullboard Posts
Comment by pick4oreon May 08, 2007 5:30pm
84 Views
Post# 12746969

RE: Break out

RE: Break outThe "real" big investors would want current results and some "real" action at these properties. True, there are some results from a few holes drilled throughout the various properties, but a lot of the drill results go way back as far back as the 60's. There isn't much that is current. It takes a lot of money to start and continue drilling these properties. I don't know if CDO has the cash/resources to commence a large scale drilling program with all of their properties. You'd have to ask CDO. My guess is that they would need some substantial JV partner(s) to carry out any "real" drilling. That isn't as easy as many would like to think. As I've mentioned before, you can have all the properties in the world, but if nothing is being done w/them, they're worthless to the "real investor". In addition, w/every news release seems to come more dilution of shares from PP's or even more claims purchases. CDO should start to work w/what they have and not worry about aquiring more land claims. It doesn't really matter who has the largest portion of BC in land claims. This really means nothing to the "real investor". GLTA
Bullboard Posts