Ann: Dargues Reef Update Clarification , page-3

Re: CVR

I'd be at least waiting until their quarterly too see how much cash they have left. If they have been LOSING money on early production (usual for new mining operations), then they could well have to raise more cash (I'm note sure if the amount of cash at end of last qtr is after the Feb cap raising or not). Not a holder though will consider it after a coupld quarters of production if it turns profitable (though only if they dont do any more equity raisings...already has way too many shares on issue for my tastes).

As for CRC, hmm...zero interest in market at moment :-( Just like all the other goldies. But I guess (hope?) that makes it a bargain.

I'd also take a look at NST if you're set on getting a gold stock. Its not a penny dreadful, but I still see plenty of upside on it - though not a ten bagger from this level. $3-4 is my 2-year target.

Cdchi1