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Message: Good report on CMS

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Re: Good report on CMS

in response to Re: Good report on CMS by RMC
posted on Nov 29, 08 01:31PM

The risk / reward is good for CMS by Summer/2009.

I would suggest a 49 cent upside, against a 11 cent downside (based on worst case going to zero).

The bottomline is the asset is great and in a good location.

At some point next year they will need a partner or a takeover and it would help if the Moly price recovers just a little.

I hope Colin Benner and Jonathan George can market this well and attract interest. Colin has proven he can get good deals done.

I like the odds, and, I have placed my bet.

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Like Creston Moly Corp.? Then you might also be interested in UC Resources Ltd.

UC Resources Ltd.
  • Canada’s newest Ag/Au producer In Mexico
  • Inferred mineral resources of approximately:
  • 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver