Back in December I read the following post on Stockigloo (SP was mid-40's btw).

http://www.stockigloo.com/2010/12/fair-shareprice-valuation-for-2011.html

Back then everyone was CONSERVATIVELY estimating 70,000 oz from Lamaque (which is what the NR today was talking about)...even so with Lamaque and San Juan combined and gold price at 1400, people were calculating roughly $38M PROFITS (this after all expenses...high for Lamaque at 950/oz and DB paid off).... yeah, $38M or about $0.10 per share for 2011...and projecting 10x earnings = $1.00/sh (many said too low)

NOW...CMM still on track to produce this....but somehow we're all supposed to believe CMM suddenly in Dire striaghts because some 200K bill and 9 day delay caused loss of profits of $1.5 M....so they make $36.5M PROFIT instead of $38M.... yes, now the sky is falling according to the PR and the company can't pay their bills???!! we're all supposed to believe that CMM can't be profitable at $1400 gold?!

I tell you even if CMM only produces 70K oz for the whole year including San Juan that's still double what they did last year...but for that we get 0.58.

The more I think on it, the more I'm convinced the reason there was no PR about the crusher is because it was a non-event. The crusher is already fixed and moving...

HOWEVER...for any Rusky takeover they needed some desperate shitt made up to get the price down.

Ruskies: "The share price is too high"

CMM: "So?"

Ruskies: "Wasn't there a crusher problem last month?"

CMM: "Yeah...but its fixed now"

Ruskies: "Well maybe you should put out a PR about this material non-event for the benefit of the shareholders"

CMM: "you sure you want to do this? might cause some panic"

Ruskies: "Da! Da! Da! "