412M shares fully diluted now....add 12M after PP....lots of dilution..

However job 1 for CMM is to get Lamaque up to full production and develop the resource to the full extent.

It will take at least one quarter of full or expanded production to get the share value up where it should be.

CMM has a bright future once they overcome these start up issues.

The new owners did not buy this asset to operate at these levels. They are serious about becoming a mid tier producer and have the funds to take us there.

I expect that 2011 will see some big changes for CMM.

The fact that the new owners did what they had to do in getting Peggy out after the statements were late speaks volumes for their ability to manage. Unfortunately Peggy was a negative influence in spite of her ability to find good assets. Because she has 15 million shares or so, she is still a major influence.

This summer Finiskiy put up more money so it looks like he was not prepared to put up any more at this time.

I too am sorry that this PP is closed as I would have bought even more had I had the opportunity.

SN