I posted this on Stockigloo, but would like to share my thoughts with the Agoracom group as well

The market hates uncertainty. It's both comforting and logistically key to know the top spot has been filled and in this case they actually set an expectation from a time-frame standpoint and EXCEEDED it. This is clearly a move in the right direction and towards regaining the market's trust and respectability.

The more I think about it, the more I feel we have a good fit. Mr. Major is at the right stage at his career where this is going to be his defining role where he can build a legacy and make it to the next level of mining executives.

Whereas the street may have liked a bigger "name" - I think it's more important that we have a guy who is already familiar with the board and also is at a stage of his career where he is both experienced and hungry for greater success. I'd rather have this guy than a guy who has been there done that where CMM would just be a little swan song "astrisk" to his storied career to the point where there is nothing at stake.

As I mentioned prior, I also love his research analyst background with JP Morgan / HSBC and he must be tied to Finisky as well since he was CEO of a major Russian producer.

This is clearly someone who is well rounded and has more than enough ability to take us to fair value vs. peers and complete our comeback story.

I also peeked at the January presentation. Everything is looking good. I don't think it really matters whether we did 36,37 or 38k in 2010. What is done is done. The key issue here is the major hurdles are clear and we are set for 100k+!!!! We simply need to as Peter states "take one day at a time" and continue our progress and a huge revaluation up over the next 12-18 months or so is simply INEVITABLE.

I was also pleased that they set the goal at 100k instead of 110k since 100k is a nice round number and hopefully it may even be "padded" a bit.

Look guys, everything is set up perfectly. We made it through the difficult period, now the best is yet to come.

I also have a sneaking suspicion that it might be the updated 43-101 that pushes us to new highs. Among all the turmoil in 2010, our MASSIVE high grade / politically friendly diversified resource and reserve base has been forgotten temporarily but trust me the street will wake up. I've seen this many times before.

Cheers,
RE