Wednesday, April 9, 2008

Potential (key) NRs in April

1) Close off of PP to fund Lamaque’s near-term development needs.

2) Sign-off to defer Rosario and Algamarca payments into 2009.

3) NR to provide an update on progress at Lamaque. I would like to see the NR include:
*final tpd result for Q1
*how tpd is progressing in April (mtd)
*an outlook for tpd expectations to the balance of Q2

4) Update on Peru – I would like to see the NR include:
*of course the long awaited SJ 43-101 resource report (hopefully we see 800K ounces or greater)
*SJ’s tpd results for Q1
*near-term plans to ramp up to (at least) 350 tpd at SJ
*detailed plans to get to 700 tpd run rate by end of 2008 at SJ
*operation and exploration plans for Rosario

5) NR to tell us that all BCSC demands have been officially met, and that the Management Cease Trade order has been lifted.


This was just a quick and dirty (off the top of my head) list. Let me know if I missed anything.

Production05

1 comment:

bigjohn37 said...

Your posts are great, production. I am sure that all serious investors & shareholders of CMM appreciate them. This post is especially timely. I just hope that Brent Jones or someone in CMM's head office might spend a few minutes each day reading this blog. There are a lot of good ideas here.

One charactersitic of good companies is that they listen to their shareholders and customers as they make adjustments to their decisions (keeping in mind that "you can't please all of the people all of the time"). Once your shareholders turn their back on you, you may not survive as a viable company.

Thanks & all the best, bigjohn37