Cream Minerals

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#1 Thu, Jul 7, 2011 - 9:31am
bobby
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Cream Minerals

I have a position in this company, my second largest.

Recently some discussion concerning Cream (CRMXF on pink sheets). I know the old man who owns a large position recently 'retired'. They have recently posted some very good drill results, yet the stock didn't move.

Speaking to the investor relations person, he seems mystified why it isn't much higher.

Me too. Just sayin'. Personally, I await the days when I look in and say, "WHEEEEEE!!!"

I would appreciate further discussion. Thanks in advance.

Edited by: bobby on Nov 8, 2014 - 5:09am
Thu, Jul 7, 2011 - 12:16pm
Eric Original
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Me too

I was just about to buy some last week and got delayed and never got around to it. Kicking myself now. On the next dip in silver I'll probably pull the trigger.

There's a lot of discussion about it on this thread:

https://www.tfmetalsreport.com/forum/basket-miners-do-you/574

This isn't a metals blog anymore. It's a right wing circle jerk, masquerading as a metals blog.
Wed, Jul 13, 2011 - 5:05pm
Justin
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Glad I got back in on this

Glad I got back in on this one @.18. Currently 1 cent away from where I intended to sell(pnksht) but given the action in the metals today, might just see if I can ride it to .30. I have a love/hate relationship with Cream, today it's all love!

Only root karate come from Miyagi. Just like bonsai choose own way grow because root strong, you choose own way do karate same reason. - Mr. Miyagi
Wed, Jul 13, 2011 - 6:07pm
Eric Original
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bought some crmxf yesterday

bought some crmxf yesterday just a hair above .20 cool

I procrastinated on it, but ended up getting in just in the nick of time.

This isn't a metals blog anymore. It's a right wing circle jerk, masquerading as a metals blog.
Wed, Jul 13, 2011 - 9:24pm (Reply to #4)
bobby
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Eric Original wrote: bought

Eric Original wrote:

bought some crmxf yesterday just a hair above .20 cool

I procrastinated on it, but ended up getting in just in the nick of time.

just between us girls, I think this one could run a very long way

don't care how long, I'm just adding as the dollars are available

Thu, Jul 14, 2011 - 4:07pm
madcow
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i want to... but i may be out

i want to... but i may be out of trading monies :(

Thu, Jul 14, 2011 - 6:13pm (Reply to #6)
epiiplus1
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Cream CEO interview on Radio CIC

I bought a couple of weeks back: first, at .16; then, at .15. I put a bid in at .20 today that would double my position, and give an average cost at a smidge under .18--provided I hit.

There's a nice interview on radio CIC with Michael O'Conner (Cream CEO).

https://www.contraryinvestorscafe.com/exec-clips/

Fri, Jul 15, 2011 - 4:59am (Reply to #7)
bobby
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Thanks for the link!

epiiplus1 wrote:

I bought a couple of weeks back: first, at .16; then, at .15. I put a bid in at .20 today that would double my position, and give an average cost at a smidge under .18--provided I hit.

There's a nice interview on radio CIC with Michael O'Conner (Cream CEO).

https://www.contraryinvestorscafe.com/exec-clips/

WOW! what a good link

the guy sounds like such a self effacing, really nice guy

and didja pick up the part about how he is spending much of his time living amongst the locals, consulting them, sponsoring their soccer teams? And the history of the area as he covered it, from the Spaniards to the Indian Wars to the agricultural.

This company is run by a real thinker, a good person, and the old man and former Chairman who just retired still owns a huge portion.

This is such a terrific potential with some good quality type people. It irks me to read about people hoping to trim a few pennies in hopes of dumping it later. This, to me, is a one of a kind. And at these prices, currently valued for less than I have paid to see the next card at a gaming table.

Fri, Jul 15, 2011 - 6:46am
71185208
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The CEO of Pinetree bought

The CEO of Pinetree bought shares in CMA for his personal account, am I right?

I read that somewhere...

Fri, Jul 15, 2011 - 6:59am (Reply to #9)
bobby
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GDH wrote:The CEO of

GDH wrote:

The CEO of Pinetree bought shares in CMA for his personal account, am I right?

I read that somewhere...

The recently retired sourdough Chairman still holds a huge position within the 18% owned by insiders. I understand he considers Cream a potential glory hole.

Fri, Jul 15, 2011 - 9:21am (Reply to #8)
Eric Original
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Some other good ones on that link as well

I own Richmont, and am watching Kimber. Both with good interviews on that link as well.

This isn't a metals blog anymore. It's a right wing circle jerk, masquerading as a metals blog.
Fri, Jul 15, 2011 - 12:36pm
epiiplus1
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CIC

Glad you enjoyed the link: I really enjoy CIC. There was a really great rick Rule interview about a month back too.

I listened to the O'Conner interview twice (I found it that exciting).

P.S., I haven't hit my bid at .20, but I'm optimistic that stupidity will prevail..... 

Fri, Jul 15, 2011 - 6:12pm (Reply to #12)
bobby
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epiiplus1 wrote: Glad you

epiiplus1 wrote:

Glad you enjoyed the link: I really enjoy CIC. There was a really great rick Rule interview about a month back too.

I listened to the O'Conner interview twice (I found it that exciting).

P.S., I haven't hit my bid at .20, but I'm optimistic that stupidity will prevail..... 

with all the attention being paid to their Mexico project, they have four other Canadian projects waiting development

Sun, Jul 17, 2011 - 4:22am
71185208
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I think might join you in a

I think might join you in a bid at .20. I already own some, but this is quite tantalizing. I was surprised to hear Pinetreeowns 16% and Sprott owns 24%. Management owns 18% and Pinetree's CEO owns a bunch in his personal account. I really like the vote of confidence from those guys.

Sun, Jul 17, 2011 - 9:17pm (Reply to #14)
epiiplus1
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There's been a lot of

There's been a lot of intraday variation in the price. The closing prices are generally non-decreasing; but, the big bank algos have been pushing the price down and riding it up for a quick buck intraday. I'm just hoping to hit a bid during the push down, but I have no problem paying .25 if I have to.

That interview was extremely encouraging: it seems the share price doesn't even include the other properties (the grab and chip samples from Goldsmith and Blueberry are kinda' nice). Coupled with the fact that Endeavour tried to acquire Cream last year just for Nuevo Milenio, and my gut keeps telling me to buy.

There's a nice map of Nuevo Milenio in the corporate presentation. The second time I listened to the interview I did so while inspecting the map. I really want to hear about the 3 drill holes on the silica cap!

https://www.creamminerals.com/i/pdf/CorpPresentation.pdf

Mon, Jul 18, 2011 - 12:01pm
sevin
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nice intraday drop so far for

nice intraday drop so far for cream. Picked some up on the low!

Mon, Jul 18, 2011 - 5:26pm (Reply to #16)
bobby
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sevin wrote: nice intraday

sevin wrote:

nice intraday drop so far for cream. Picked some up on the low!

me too

backed the truck up

leave us all have good luck

Thu, Jul 21, 2011 - 12:33pm
Justin
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Looking good

Cream is looking good lately holding above .20(crmxf) with the volatility in silver. I just booked 29% gains on this one from .17-.23, thought maybe it was going to go lower. Hesitant to buy back until after a debt ceiling deal is reached and am currently out of everything with the exception of some ZSL to ride the next wave down when Obama announces an official deal. Never tried shorting silver before, curious to see how this works out for me.

Only root karate come from Miyagi. Just like bonsai choose own way grow because root strong, you choose own way do karate same reason. - Mr. Miyagi
Thu, Jul 21, 2011 - 12:43pm
Eric Original
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If you like Cream, check out Soltoro

If you like the story on Cream, I urge you to check out the Soltoro. SOL, SLTOF. Similar sort of story, though the market cap is higher at more like $60m.

Granted I only found it because I clicked an ad over at Kitco, but still it looks really good to me.

And they have popped today on drilling news. Good Luck All.

This isn't a metals blog anymore. It's a right wing circle jerk, masquerading as a metals blog.
Fri, Jul 29, 2011 - 4:25pm
Roger
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Cash Position an Burn Rate

Anybody knows the current cash position of CMA and what's the estimated "burn rate"? Thank you.

Fri, Jul 29, 2011 - 5:00pm (Reply to #20)
Eric Original
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Cream Cash

I just checked the back of my index card on that one. I had net working capital of $4.2 million as of 12/31/10. No notes about burn rate, sorry.

This isn't a metals blog anymore. It's a right wing circle jerk, masquerading as a metals blog.

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