Cream Minerals Ltd.

Nuevo Milenio Silver Gold property - Mexico - 54.6 Million oz Silver

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Message: Cream Minerals arranges two private placements - 2008-12-12

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koetjeboe

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Good buy or goodbye?

in response to Cream Minerals arranges two private placements - 2008-12-12 by Highgrader

posted on Feb 03, 09 04:38AM

Have been studying this company, which I think has some fine properties. The issue I have with companies such as CMA is the lack of available cash. Whereas two years ago, having cash was not really a top priority in my criteria for selecting a junior miner, it has now become the top priority for me.

Having said that, I'd like to know how CMA is planning to raise enough cash to keep current operations going.

Trading volumes were very low in January and I suppose that has nothing to do with the company's inferred resources. This market is all about cash and financing.

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Like Cream Minerals Ltd.? Then you might also be interested in McLaren Resources

McLaren Resources

Blue Quartz Property surrounded by numerous past and presently productive gold mines
Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

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