If Bates isnt producing coalWhat is that pile of black stuff in the yard? Never seen dirt that colour. Come over to CUU if you want to see BS. We have been waiting for 6 months for a RE which was delayed and delayed and it comes out less than the one done in 2007, with many more holes drilled and assayed in the RE and with prices metals way higher????????? Guess what happened? Another 20K trimmed off my portfolio.
The only thing GEEE is right about is sell in May. I have held CUU and AAA for REs and got clobbered on both. Lost half my earnings waiting for these.
CMK is cheap, look at the friggin market today its down 200 points and we are doing pretty good for a junior. The coal is there the mine is running. We just need to get production up to speed, you can only dig the portal so fast, this is nothing to do with poor management, it is called mining. We are throwing up spec houses, we are moving tons of dirt building ventilation and conveyors, prep load out areas, getting customers, train employees. yeah that takes more than 6 months. We just got into mine 6 months ago, I build house and some times it takes months to get a permit for that, now just imagine the red tape and work involved in getting a mine going.
The minute a customer is on board this stock will fly.
And GEE anyone can predict the market going down in May thru July, its cyclical.
Look at PGM, got buy out offer today by Stillwater, up 220%, do you think everyone knew that would happen? You can get bought out anytime. So if the goods are there.... who knows.
Its a crap market PERIOD but do you want to miss a buyout, not me. It will be way higher than 2.25, why do you think GEE is trying to help us out so much.LOL