CMC Metals High Grade Producer 2010

Trading Symbol: CMB on TSX-V
Shares Outstanding 29,451,797
Warrants Outstanding: 7,565,666 exercisable at $0.20 per share expiring December 31, 2009
Options Outstanding: 275,000 expiry date December 12, 2009 at $0.65/share
2,475,000 expiry date June 25, 2011 at $0.15/share
Property shares to be issued: 1,000,000
Fully Diluted: 40,767,463

http://www.cmcmetals.ca/s/Home.asp


http://www.miningmarketwatch.net/cmb.htm

Canada's Newest Silver Producer Set to Come Online in Q2 2010



CMB.V represents exceptional value and poised for significant upside revaluation



CMC Metals Ltd.

(CMB.V)

*

Ore from open pit mining of high grade veins set to be processed through new on site mill at 100% owned Silver Hart Yukon Property
*

Stable, mining friendly region
*

Exceptional management & technical leadership
*

Silver grades averaging over 1.93 kg/tonne (56.5 oz/ton)
*

Estimated an initial 1,000,000+ ounces silver production per annum at USD$4.45/oz breakeven

It's last price was 17 cents a share. Please free feel to give your opinion on CMC Metals.

Someone on Stockhouse compared the shares to Underworld Resources before it exploded from .18 to 2.50. Maybe it's pure cow pattie. Who knows? BTW, I do have an interest in it.

I got spooked by the silver and gold markets. I got in at $0.16, and traded out at $0.18. Perhaps there will be more bargains in a few weeks. Wow, Puma took a fall from $0.17 to 0.14. Glad I got out at $0.17.

I had a CMB.v banner ad on my website for a few months. I like the situation, but I agree that we might see a better entry point in a few weeks. Long-term, I think it could be a very nice play. I spoke to management for about an hour, and almost ended up going to visit the mine site a few months back.

I think there may be a lot more silver to be found there, but could be somewhat lower grade. That said, I also think they will find more envelopes of very hi-grade material.

I'm glad you concur. You have acumen. And I respect that.