large untapped veins, page-15

Well if you were one of those that jumped in at $6.18 you will have experienced a 25% retrace at today's sp. I suspect we are likely to go lower, particularly if we have a number of short term loss holders looking to clean out their CMR losses to save tax on better performing long term gains.

Just got to pick the right time to accumulate more. It has been a great investment over the last 24 months and must be an even better long term investment. In the present market, however, many are focused on the short term returns and I suspect that a lot of CMR holders have gone looking for better returns while the sp stagnates ahead of production. They will probably return with a vengence when they see some sustained appreciation in sp.