CFR cluff resources pacific nl

Ann: SHARE PLACEMENT TO RAISE UP TO $1,000,000 , page-22

  1. Zia
    4,182 Posts.
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    re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00... lol georgeaux,

    This should do the job...

    Superman Bling Diamond Images

    On the serious side, interesting to read some history of the Monte Christo mine, finding the big deposit still seems like a long shot but something about a $1M cap raising as a "gamble" doesn't sit well with me... in a good way that is.

    History of Monte Christo Diamond Mine!

    To have 222,222,222 shares issued @ .0045 means they would be hard pressed to recoup their capital. The only hedge for them is that Cluff may take a JV stake in India for gold which would generate some upside for the SP and they could sell into that. Without any Indian JV then at the moment I can't see enough support even at .004 without some good news coming out of Bingara. I don't give a FF about insider trading, I hope they know something we don't.lol

    Good luck all.





 
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