that I think are bang on:

I also agree patience is key. I've lost many 10-20 bagger opportunities in the past because I was too happy with a 200-300% gain.

I did this because right on the first double and triple of the revaluation I figured things could not get much better and because these often occurred in the blink of an eye in some cases over a single month.

I later found that the full revaluation is generally not achieved until at least a full year of full steady state production. (I was selling after a quarter or so of reaching full steady state production)

So in the case of CMM, assuming we reach full steady state production at Lamaque in Q4 2011, for those willing to wait until Q4 2012 or even better 2013 before starting to take some profits, I think the gains will simply be MASSIVE.

Everything up to then, is fun to track, but is basically "noise" for the real venture investor looking for the maximum upside.

So patience is key here guys. If CMM turns the corner like I believe they are, do not be in a big hurry to take profits as it will take time for the market to give us a proper valuation, especially with our history. But if we deliver, we will be rewarded, no doubt about it. Now that Peggy is gone, the market will judge us more on performance in my opinion.

Glorieux