posted
CMBV Cambodia market has huge potential.The company is poised to venture into untapped resources in Cambodia,and the atmosphere and attitude are favorable.Gary Finberg,CEO and director of Cambodian Ventures LTD,explained that the govt is welcoming new investment with open arms.Right now is a wonderful oppurtunity to get in on the ground floor and do the work.Cambodia in particular,with an almost complete lack of modern exploration could translate into enormous potential and oppurtunities for a company like CMBV.Some reasons to consider this stock.Rising metal prices,Experts note the potential,Govt of Cambodia more stabilized,Mining laws in Cambodia favorable for investors,Highly Qualified Management and Sizeable Growth Projections. imho
Posts: 6 | Registered: Apr 2005
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-------------------------------------------------------------------------------- Good things coming for This mining company. Stock should move nicely in the coming week.
tinyurl"dot"com/abcfo 17 April 2005, 6:00pm ET
LOWELL, Mass. and PHNOM PENH, Cambodia, April 17, 2005 (PRIMEZONE) -- Cambodian Ventures Limited (Pink Sheets:CMBV), a junior mining company focused on exploration and mining of precious minerals in Cambodia, discussed the potential for economically viable precious mineralization deposits in Cambodia. Gary Fineberg, CEO of Cambodian Ventures Limited stated today: "There has been a lot of discussion on why anybody would choose to start a company in Cambodia to focus on exploration and mining of precious minerals. The answer is simple: tremendous ground floor opportunity." Gary outlined the following eleven reasons why Cambodian Ventures is focused on exploring for precious mineralization in Cambodia.
1. Based on work by the French, most geologists agree that there is great potential for abundant mineral resources.
2. There have been significant gold exploitation in Thailand and Vietnam, both of which have similar geological characteristics to Cambodia.
3. Widespread high-grade mineralization has been anecdotally observed in the country indicating there are possibly considerable amounts of precious and other types of metals.
4. According to the Cambodian Ministry of Industry, Mines, and Energy there are 19 known gold deposits in the country which have had limited exploitation. 5. Mining in Cambodia is small-scale by international standards.
6. Mineral exploration using modern geological techniques has been limited in Cambodia, resenting interesting opportunities for junior mining companies using state-of-the-art exploration technology.
7. Cambodia has not been developed for large-scale precious metal extraction because of internal conflict and war for the last forty years.
8. Cambodia's evolution from a fragmented society towards a stable regime, friendly to foreign investment, has not yet paid dividends in the form of a rush of potential mineral investors.
9. Cambodia's government regulations and licenses for mining are the most favorable in the region. Cambodian government allows 100% ownership by foreign investors and takes only 3% of sales amount for royalties.
10. Cambodian Ventures management has significant experience in mining and exploration in Cambodia, having spent three years with another mining and exploration company focused exclusively in Cambodia.
11. Cambodian Ventures intends to be at the forefront of exploration and development in Cambodia. We intend to capitalize on these underdeveloped mineral deposits thereby producing extraordinary returns for investors.
Cambodian Ventures Limited's mission is to obtain licenses for the exploration and mining of precious minerals in Cambodia. Cambodian Ventures intends to carry out exploration activities in regions containing gold and other precious minerals.
Safe Harbor Statement: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
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