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Message: Re: Some observation
7
May 06, 2010 08:33AM

Yes it would be interesting to know what exactly caused the price to plunge so far so fast and if it was mainly due to the delayed financial reports.

There has been plenty of speculation about normal correction and consolidation etc.

I for one have given up trying to understand why markets behave the way they do.

In this case, it seems that we already know that the financials are good. There has been enough info in previous news releases about production levels and costs in Peru that it appears the finances are good.

Also we know that the new owners have deep pockets and they did not buy this company to have it lose money.

So if the market was spooked by this delay, then it really makes you wonder how much homework people actually do before they buy or sell.

I for one have been buying at these prices and adding to my already substantial holding on CMM.

It the sellers continue to keep the price down I will buy more. All I can say is thanks.

SN

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