E is just increasing his final ROI, another vote of confidence by converting cash owed to shares, taking even more away from the MMs that will soon appear even more IMO playing with the SP as they currently are taking advantage of the quiet time. The most important factor I see these days is the lack of shorting of this stock, even the MMs don't want to get burnt.

Just watched Elmer's 2011 presentation on the uTube link Vette posted, should be an interesting comparison to the next presentation, I don't see any negative aspects in CUU, just the global economy which will impact all juniors. With our pounds in the ground and E's backing plus higher insider ownership we can sit and wait. If the SP drops then so what, if you're in for the end game it doesn't really matter, if anything it gives you an opportunity to average down even more.

Patience is a virtue, especially in the Vulture Exchange .

Happy holding all longs.

Max