getting nervous, page-9

Happy New Year

Gself - I disagree with your comment about no one else interested in CSE. A snippet from Dealer's post from a couple months ago says it all...

Copper Strike managing director Tom Eadie says Kagara's not the only resource company interested in accessing rich copper concentrate deposits at Einsleigh.

"Just about any smelter in the world, particularly copper smelters, are very short of copper concentrate," Mr Eadie said.

"They don't see it as risky to put, say, $100 million into getting production going if they're going to be guaranteed 50,000 tonnes a year of copper concentrate. Other mining companies might be running out of ore and looking for a new front to develop on.

"Certainly there's lots of other companies that are interested. Nobody's made an offer yet that we find acceptable but certainly there's lots of interest and of course, we're trying to accelerate that interest at the current time for obvious reasons," he said.

KZL seems not to be the only company out there...but it would definitely be more profitable to them (due to infrastructure nearby) than anyone else. They need to up the bid and we both win. Plain and simple.