mining and the markets, page-25

re: the biggest challenge facing cmr I agree with the cable guy. It is not the role of the company Chair or MD to drive up the company's share price. Their role is to get the business running well. In CMR's case if the oxides plant is successfully commissioned, if the sulphites project continues to be advanced and if there are good exploration results, then the share price will rise, perhaps dramatically. Talk of takeover threats seems overblown to me. The top tier miners would wait until the above uncertainties are resolved before any bid (if any), as will the second tier miners like the mighty Ox. And talk of a scrip-based bid from a third tier wannabe is fanciful. While waiting patiently for CMR to deliver I suggest all those who have not yet experienced the highs and lows of a resource boom should read Trevor Sykes' (aka Pierpont in the Financial Review) classic study "the Money Miners' - it still has plenty of important lessons for impatient investors.