cah sp drop, page-9

Hi tonymc

Intelligent investor gave it a nasty rundown about all sorts of technical problems with the Edna May mine on 25/11/10. This led to a furthur drop in sp. The article said that the ounces per ton processed was poor.
The excellerated drill program announced today suggests the ounces per ton processed grades are not as good as liked hence they are seeking better grades.
Perhaps the 3 cent drop today was related to a concern about present Edna May production after this announcement or shareholders wanting a bit of money for Christmas.
It is best to be forward thinking and wait for the January quarterly figures before selling.