OTCPK:CRUUF - Post by User
Post by
Oxyuridon Aug 28, 2003 1:27pm
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Post# 6361745
Today's news
Today's newsHello all
With todays current exchange rate, the total value in Canadian dollars is about 22 million with a conversion valued at $0.66 Canadian.
One of my favorite lines from the NR was this:
"With an explicit focus on creating shareholder value, this funding will allow the company more flexibility in financing the development of key projects, but also to advance operations as well as Crew's exploration and resource expansion efforts in Greenland and Ghana."
So, does this mean something has happened with the Hwini Butre project that we might hear soon, since the terms with their partner St. Jude expired. By the way, Hwini Butre is the featured project on the St. Jude web site.
I would guess that our next NR headline should state something like "Crew Ships First Batch of Gold Ore for Processing" or something more fancy and tantalizing, since September is knocking at the door and Nalunaq operations should be commencing.
Gotta like the nice moves lately.
GLTA
Cheers,
Oxyurid