As seen on another forum ...
Why CBR? Experienced management with successful history; CEO has invested almost $3 million of his cash; third largest mine in Brazil next door to CBR; CBR just had a successful raise; 50% of CBR’s investors are institutions; strong fundamentals with 2 new major discoveries; historic mining area; Brazil an attractive place to mine ( ie: Kinross); ‘blanket surface deposits’ with PFS study underway; surface ‘Blankets’ requiring no stripping or waste material … containing large gold deposits, are ready for heap leach mining, with capital expenditure funds lined up; … to quickly develop said, inexpensive production … will create cash flow … to fund drilling further on the main, higher grade deposits for additional mutli-million ounce potential … and continue exploration work on very promising properties. CBR’s gold in the ground is only valued at $13/ounce! … $50 to $100 per ounces not unusual with gold at these levels (in 2008 gold at $1000/oz. inferred gold in ground values were up to $100/oz.) … today gold is at $2000/oz. and soon to well rise upwards. Two years ago CBR traded at 80 cents and is healthier today. . With the rising price of gold to new long term highs, the gloomy economic outlook, war drums beating, historically massive debt and deficits globally and by country, the $US reserve currency being usurped, massive inflation and personal debt, huge regional banking pressures in the U.S., global banks mired in a daisy chain of over $2 Quadrillion derivatives based debt; and more … gold is your friend. This is a gift!
Why? Experienced management with successful history; CEO has invested almost $3 million of his cash; third largest mine in Brazil next door to CBR; CBR just had a successful raise; 50% of CBR’s investors are institutions; strong fundamentals with 2 new major discoveries; historic mining area; Brazil an attractive place to mine ( ie: Kinross); ‘blanket surface deposits’ with PFS study underway; surface ‘Blankets’ requiring no stripping or waste material … containing large gold deposits, are ready for heap leach mining, with capital expenditure funds lined up; … to quickly develop said, inexpensive production … will create cash flow … to fund drilling further on the main, higher grade deposits for additional mutli-million ounce potential … and continue exploration work on very promising properties. CBR’s gold in the ground is only valued at $13/ounce! … $50 to $100 per ounces not unusual with gold at these levels (in 2008 gold at $1000/oz. inferred gold in ground values were up to $100/oz.) … today gold is at $2000/oz. and soon to well rise upwards. Two years ago CBR traded at 80 cents and is healthier today. . With the rising price of gold to new long term highs, the gloomy economic outlook, war drums beating, historically massive debt and deficits globally and by country, the $US reserve currency being usurped, massive inflation and personal debt, huge regional banking pressures in the U.S., global banks mired in a daisy chain of over $2 Quadrillion derivatives based debt; and more … gold is your friend. This is a gift!