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LA VERDE--Built On Solid Resources

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Message: Re: Interesting
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Jan 18, 2013 07:48PM

Great to have you here Liddy. Not much traffic for ccy on this site, best to have a look at the other discussion board until the traffic eventually picks up here.

CCY is suffering like other juniors at the moment, like so many trading well below fair value. Also CCY/La Verde is pretty early in its development. Like CUU, CCY has an agreement with Teck with very different requirements however (which have all been met and the "teck clock" has already started. Whatever Teck decides will provide short and long term benefits for CCY.

CCY's La Verde is located in Mexico which provides a great mining climate in terms of available work force, infrastructure, support, rail, water... etc

There are risks of course though or downsides that should be considered as part of you due diligence as well. This is Greenslade's baby just as BAJ used to be, that could be seen as a negative or positive depending on your perspective. Arsenic could be a problem as well, however Teck has experience with such issues as does CCY's newest board member. CCY's cash position is dwindling, I don't know if it will be enough to get us to March or when Teck will inform us of their decision. There might be dilution to come.

I have just given a very brief high level overview of some of things to be aware of.

This link provides a more thorough picture which is a news article released Jan 18, 2013:

http://www.newswire.ca/en/story/1101217/la-verde-project-mexico-preliminary-economic-assessment

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