re: eddie-cfr The text from the latest announcement thrills and...

re: eddie-cfr The text from the latest announcement thrills and scares me at the same time. They have a resource large enough to last most likely 10 yrs (with opportunity to expand) and they have a buyer for ALL their rubies which is fantastic. Unfortunately it is CPH who by the sound of things will not enable Cluff to have their own jewellery business on the scale of which Tigerten alluded.

Even though this could be HUGE I have grave concerns that Packer may rip these guys off. Then again if he's going to own 51% of the ruby operation and 13% of the total capital you'd think it would benefit him moreso personally to keep the profits within Cluff than dilute the hell out of them in CPH?? Who knows?

Cheers,

Ed.