london presentation tomorrow, page-9

re: resource upgrade at endeavour lza....all your questions can be answered with a trip to the cbh website. on the homepage upper right click on august presentation which has a lot of that information contained within. i don't know why the presentation slides were not released as a market announcement because there is some new info there.

this announcement was certainly not expected (not by me anyway) and everyone is looking towards the confirmation of next months return to full production.

ss bfs....coming early next year, i think. the broken hill lode should be proved up a bit as well by x-mas. many offtake partners are lining up to finance the growth of cbh as well. the 30 million coeur d'alene deal is the sort of thing that cbh directors have been able to pull off quite well and they did a similar deal (only better) with toho to help finance these expansion projects without diluting shareholder equity. imho, the market does not fully appreciate the value adding that is going on here without dilution, but will come around soon enough.

the main risk is if something goes wrong with the mine again....a significant delay in returning to producrtion will erase all the positive steps of the past couple of months and send the share back to the 30's. On the other hand.....positive news will probably send cbh over a dollar by christmas as the market re-rates to some sort of reasonable p/e. atm, cbh is on a forward p/e of about 2 due to all the uncertainty.

do your own research....i hold