monday summation..., page-30

I just logged on from holiday perch...

I agree CFR's tin, silver and gold projects/prospects are ample basis for the current share price.

I also agree the NSL link is ridiculous. Any NON-mining co that wants to become a MINER has to essentially start over - re-list. And as soon as NSL stated the new float price, and consolidation... it was only a matter of maths to end up with around a 5 cent sp.

What did people expect??? A re-list gives a base value to that share. A consolidation to boot... and the tonnages will cease to have an influence for the next 6-8 months! Only once that is all over will people see the tonnages and grades as they are.

CFR ARE a mining company. NO FLOAT needed.

CFR ALREADY have a 71% base in an existing company IN India.

CFR's leases are in an area KNOWN for hematite, with neighboring leases mining high grade fe NOT magnetite.

And yes, whilst there "could" be nothing there ... I don't see anyone with half a brain applying for leases on land that did not at least LOOOOK like it had IRON ORE on it!!

So, imo, 10 square kilometers of lease has a good spec of having some IO in it.

Cheers