I found a little puzzling until later on when I read this statement from MK in the conference call.

“So we have a nice growth profile. And of course, if we layer on top another acquisition, possibly by early 2011, that might add another 100 000 or 150 000 oz/y, and you can see we can reach that 300 000 oz target fairly quickly.”

This makes sense now to bring on people with corporate finance and M&A exerience. I kept coming back to the past work ties to Rothschild and corporate finance, now it makes sense that if CMM plans to grow to 300-500 oz/year they will need to JV or aquire somebody. Whether you look at it long term 2-5 yrs out, they are going to have some major cash-flow. Assuming gold remains strong, corporate model is followed and we keep costs inline.

Any ideas as to what has us stalled at .37-.39? I have thought it maybe the fast rise doubling over the past 2 months we need to consolidate before moving forward again. Or is the market looking for something else (change of CEO?), assays? Thoughts are welcome as is critisism. This is all IMHO,

Regards Jay

Full article http://www.miningweekly.com/article/century-mining-targets-300-000-to-500-000-ozy-2010-01-13