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CIBC Core Fixed Income Pool Srs A CCRE


Primary Symbol: T.CCRE

This ETF will focus on generating regular income, with a secondary focus on generating modest long-term capital appreciation, by investing primarily in units of other mutual funds that invest in fixed income securities. The fund invests primarily in units of other mutual funds that invest in fixed income securities.


TSX:CCRE - Post by User

Comment by sktamon Dec 09, 2003 11:25am
216 Views
Post# 6758258

RE: News on JV

RE: News on JVJeff, with due respect, I can see the company is trying to move in a new direction, but I am confused as to how we are supposed to see this release as positive news. It sound VERY far off from being a viable entity and it seems CCRE got screwed by giving away too much. Why is the 1M shares not enough? I am not a production specialist but to me it sounds like they will be doing exploration for a year or so and will be lucky to get in production by '05. We as investors have heard "be patient, keep the faith..." for too long now. We anticipated a property that would and could be brought into production by Feb. '04; this does not sound like that. I am confused and maybe there are more dominos to fall, I am left scratching my head by yet another dissapointing release by CCRE keeping up with there tradition of dud'ism; we hoped Tony would have a more immediate impact. I truly hope I am wrong and am missing something obvious. Can you respond and elaborate on why we should be positive? Thanks.
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