CANDORADO OPERATING CO V.CDO

Had a long chat with Kirk Reed

[blackgold99]

Well, they've encountered a few road blocks lately due to financing needs and an interested party turning on them after months of talks.

There are no results form Man Prime yet, the drilling was completed, with Kirk himself getting out in the field himself over the summer, but the core is sitting and waiting for more funds to be taken to the lab. It will be done soon.

Bluff Lake is optioned with 30% reserve, good prospects for a JV with GoldFields on Murphy Lake, Red Criss is positioned well vis-a-vie Imperial Metal's mining fields and after some sharing of data with each other. Red Criss is just waiting for the right party to invest into mining or a JV -very promising.

They will be issuing a small PP soon to raise some cash and will be putting out a PR in about a week or so.R6

[pick4ore]

Ouch!! CDO doesn't even have enough cash to pay to get the assays done! If they can't even afford that, how can they do any further drilling/exploration which is very expensive? A "small PP" won't raise anywhere near enough cash to fund any real action. At this point, any further exploration/drilling would have to be done through a JV partner. It doesn't bode well

[blackgold99]

Well unfortunately the market is not a bowl of cherries or a fairy tale or even an overnight success, you get some bad breaks sometimes, but that's not the end, just another hurdle. When you know you have good fields with strong data you don't need to panic, if it's not with one party there will be others. Those other investors quickly turned to a new interest in Alaska

[Rambo007]

As you can tell markets haven't affected CDO because CDO is at rock bottomIt is a no brainer...Big investors word of mouth between them might kickstart this stockThese boards are just for sharing information and rarely affects stockprice..Good point Blackgold

[Rambo007]

Something is brewing