raising 4 mill at 70 cents today.

columbia platinum.

the large numbers of artisinal miners,equipped with explosives had to be dealt with.

the plan to use them as sub contractors of a sort, and fund this from the recovery of platinum with modern equipment as opposed to wasting half of it the way the artisinal miners are now could work.

the 'mother load' is the hoped for hard rock source of the alluvial platinum that ends up in the river.

if condoto ends up self funding from alluvial deals,that should see an increase in shareprice. i have chipped a bit in to see. held them from the 20 cent float,up to over a dollar,[sold to free carry] and rode the rest down to the 60-70 cent level.

the bones of a good story are here in a dodgy market.

old baa bailey minerals.

unusual in this market for a company to not be sold down hard after raising capital.

cpd very thinly traded, and unfortunately a larger holder has been forced to 'just get out' the market in general,not just condoto. everyone into the story already overweight,including me.

you hear the excitement in the voice of the rock kickers describing how the lumps of platinum 'just get bigger every mile you go upriver'. still a gamble chip, but the potential to have a good business, just by running modern recovery methods on the alluvial stuff is a good base position.

watch for a classic pullback to the recent 'smart money[snort]' entry level of 70 cents.