hi arttse..in which you could drive a truck through.now don't...

hi arttse..

in which you could drive a truck through.

now don't get me wrong here, i'm just stating a few obvious points.

especially in the announcement 2/2/06.

1)where is a completed feasibility study (FBS)..????

2)where are the off take agreements..????

3)where is the completed project financing..????

4)where is the mining licence..????

5)how much is Aka Resources paying for a 26% equity in Batihako Mining Ltd..????

thats just 5 things i saw in a couple of minutes. give me an hour or so..LOL

whats the track record of this company (CCI & PSR), especially Preston Resources..????

whats the track record of management & directors..????

now i'm not saying things might not turnout ok, but at this point don't fall in love until a few of the points (1-4)above are completed

no doubt its a good trading stock in which you might make a few quick bucks. but i wouldn't leave too much money on the table at this point.

it might just give you a nasty bite. if things go pear shape investors will dump this like a hot spud.

seeing the mometum is on a roll, i might pick some up for a quickie.

regards