Canada and Ecuador

Diversified portfolio of Gold, Silver, copper, Nickel, VMS, and Uranium properties.

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Message: Re: Coastport earn-in
1
Mar 11, 2008 02:40AM
1
Mar 12, 2008 05:46AM

Sorry ebear I can't find any recent financial statements for CPP, the only ones I found were dated 2006/03/31 - that's two years old!

Those are the last audited statements, I believe. There are more recent unaudited filings on Sedar. (www.sedar.com) I'll go over that stuff tonight and report back. I notice they've repriced some of their employee options. Also, some related party transactions in there. Could be cause for concern. I recollect them bailing on a different project with CGP a while back. Drill results seemed promising, so It might have been a question of money.

Maybe CGP's strategy is to team with companies that can''t complete? That way they get half a banana for free! Of course, that wouldn't apply to Newmont...heh!

ebear

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Mar 12, 2008 02:58PM
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Mar 12, 2008 07:51PM
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Mar 13, 2008 05:05AM
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