The production getting better is more from the conference call with Daniel Major than anything else. He really explained how things are turning around and that they have a good grip on what needs to be done and how quickly they will get to 2000t/d, I believe he said May for this.

In the past, CMM was always over promissing and underdelivering but my gut feel is Daniel Major is not snowing us here. He is a mining guy vs Peggy was not, that is the difference there IMO.

The big question mark for me is do I get paid sooner or later? If an offer comes, it better be a good one before they get my shares but if it is a good offer, yes they can have my shares. I have other prospects that are ready if I should fall into some cash sooner than later. If no offer comes, then CMM will go up on its own merit and I can wait 3-6 months to get a proper valuation on this company.

The other prospect here is someone else coming up with a competing offer. If Agnico-Eagle for example decided to enter this, I do not think our Russian friends will want to compete with them. Any way I look at this, this is a no lose situation and I am not selling anything until at least March 8th when we find out what the hell we will be voting on!

Cheers,

Glorieux