cfe presents a compelling value proposition, page-8

I have thought about this as well. CFE is in my opinion almost the perfect size for a company in the mining sector. It is large enough where it can do deals with smaller companies in which CFE has very high batna and the other party very low batna (http://en.wikipedia.org/wiki/Best_alternative_to_a_negotiated_agreement). At the same time, it is still small enough to bother with these 'small fry' deals.

This, combined with the management team having a great eye for a bargain, has produced a great deal of value for CFE shareholders. The $2m DMM convertible note for 25 million shares was a great example of exactly this. I agree with Peter that when TS comes knocking... be very afraid.

Also agree that CFE is an underrated stock and poses significantly less risk than one project companies. A healthy cash balance and absence of debt also limit the downside if the world economy falls over (not my opinion but if the doomsayers are correct, CFE will be well placed).

Thanks for the kind words regarding my earlier post guys. I appreciate it. I am unemployed right now and CFE and HC have been bright spots in an otherwise forgettable last 3 months.

Onwards and upwards!!!!