shareholders of cap. , page-11

Well I scooped up a few more today at 19c. At the end of the day, and as much as it seems as though I'm clutching at straws, Nick's supreme credentials with Inco Vale have to count for something. The intent that he demonstrated in his AGM address has me very confident that he won't let this company become a dud like so many resource juniors before us.

The board and management of CAP have been criticised many times on here for the manner in which the BMG matters were handled earlier in the year; but when it comes to rolling up the sleeves and getting a job done, I find it hard to fault them. We have a backbone project, and we have management with a strong urge to develop second tier projects along the way - a recipe for long term success in my opinion.

My average price is presently 27c, but I won't be settling with a breakeven escape out of this one. Baring an opportunistic takeover from a major, this one has a long way to go yet. Good things take time (years, not months).