Constantine Metal Resources Ltd V.CEM

RE:RE:RE:We just keep knocking them new highs down

[krishak]

Twiggy: In Sept 2007, when the $0.91 high was reached there were fewer than 10million shares issued, now there are about 12 X more, on a fully diluted basis. The metal value of the revised 43-101 expected later this year will give the value of the metal-in-the-ground at Palmer, Bob has been posting his thinking on how large a # would justify $1.0/share. Then there are the gold projects which have a significant, but hard to quantify value. It is also worth noting that Greens Creek, the VMS neigboring mine, south of Palmer was worth over a $billion in 2008 when Hecla completed their purchase. I seem to remember talking to Garfield once about the potential of Palmer, campared to Palmer, and his guesstimate was that Palmer would be as big or bigger, and that conversation was a year or two ago...

However at the end of the day the price that CEM reaches will be far more dependant on emotion than # crunching. This time 2 years ago I watched GQC.V go from $0.04 to over $2.0 in a few months because of just one good drill result and the excitement that generated. CEM has dedicated insider buying that was absent in GQC, and Constantine is already generating more press coverage that GoldQuest had in 2012. So I would not be surprised if CEM goes higher this year than any of us expect - and future years should be even more rewarding. Glad I held onto this one tru' the bad times!