Cro a Stock That Will Run Up Fast When Markets Stabilize

Canadian Arrow Mines releases Atikokan drill results


08:30 EST Wednesday, November 12, 2008

SUDBURY, ON, Nov. 12 /CNW/ - Canadian Arrow Mines, Ltd. (CRO: TSX-V) (the "Company"), reports nickel, copper, and platinum group metal (PGM) assay results from the recently completed drilling program on the Eva Lake and Kawene Projects within its Atikokan group of projects. Sixteen holes, (2,354 metres), were completed on historical showings and untested airborne anomalies to examine near surface targets.

Highlights of the drilling included a newly discovered zone of anomalous copper - PGM mineralization in holes KW-08-03, (12.2m of 0.63 gm/t PGM's), and KB-08-05, (11.7m of 0.97 gm/t PGM's. The holes are located on adjacent 50 metre spaced sections representing a new zone of near surface mineralization.


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Mr. Todd Keast, Vice President of Exploration comments, "These anomalous drill results confirm the potential for economic mineralization in the Eva Lake-Kawene vicinity. The Company has completed the Atikokan projects phase and will be reviewing its strategy for this portion of its regional exploration program. It is currently directing its next phase of exploration on the Turtlepond Lake group of projects."


Analytical Method

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Mineralized diamond drill hole intervals reported are down hole core lengths only. NQ diameter drill core samples are split in half; one half being retained in its original core box and the second half sent to an independent commercial laboratory for analysis. Samples are analyzed by ISO 17025 accredited Accurassay Laboratories in Thunder Bay, Ontario. Samples analyzed for base metals (nickel, copper, and cobalt), and precious metals, (platinum, palladium and gold), are digested using aqua regia with an atomic absorption finish.

The exploration program is being carried out under the direction of The Company's Vice President of Exploration, Mr. Todd Keast P. Geo., a qualified person as defined by National Instrument 43-101. The information in this release was prepared under the direction of Mr. Kim Tyler, P. Geo., President of the Company, a qualified person as defined by National Instrument 43-101.

Investors are invited to visit Canadian Arrow's IR hub at http://www.agoracom/IR/CanadianArrow where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternately, investors are able to e-mail all questions and correspondence to CRO@agoracom.com where they can also request addition to the investor e-mail list to receive future press releases and updates in real time.

From The Agoracom website"

I personally like the results from EL-08-06 28.7 meters grading 0.22 Nickel, 0.58 copper, 0.17 PT, 0.21 PD, 0.19 Gold and 0.57 Platinum.

For those that don't know copper mining is profitable at roughly .30 g/t occurance over an entire mine. These drill results are very positive based on the shallow depth of intrusion, hopefully targets are still open at depth, that information is months or years away. However, I am glad we are moving on to focus more on the Turtlepond lake occurance which I believe we will see more significant results for the wellbeing of the company from that potential deposit than in the Atikokan.

I think this company is one of the few leaders in this field. They will survive and we will prosper for it. I was only starting to get my feet wet during the mining and metal spike of 05 and 06. Had Canadian Arrow made there discoveries in that time I believe we would easily be a 3 figure stock. When precious and base metal market recover this stock should fuel its way to the top very quickly.

Also another couple of good reasons this company is a great by are there major holders.
Sprott Investments is a 2.8 million share holder (4% of the company)
Canada Pension plan owns roughly 3 million shares (4.1% of the company)
So when I put the information together I see one of the most successful Metals money managers in the world as a top holder and I also see our own Government in on this company. Also our front office are stars in the mining industry and are well credited in there field with decades of experience.

At just a couple hundred bucks a week for the next few months a normal person could become a millionaire off of a company like this. It is not getting hard to accumulate more than 500,000 shares. At todays price barely a 30k investment. I bet most of you buy a 30k car that will be nearly worthless in 4-6 years. So how come you wont drop 30k on an investment that could either be worthless or could make you a millionaire in the same amount of time? I know were my monies going... Source

Wrong Wrong Wrong

JOHN HEINZL

Globe and Mail Update

November 13, 2008 at 6:00 AM EST

As we watched the stock market take another sickening dive yesterday, a thought occurred to us. Two thoughts, actually.

Thought #1: Boy, things really suck out there.

Thought #2: Everything we were told about investing was dead wrong.

There is no need to dwell on #1, for it is now widely understood that things well and truly suck everywhere you look. But it is worth delving a little deeper into #2, because we all probably wish we'd been more skeptical of the assumptions we accepted as gospel before the financial world blew up.

For example, we were told time and again that nothing would stop Americans from spending. “Never bet against the U.S. consumer” went the refrain, and for years that was a smart strategy, because whether they were facing high gas prices, hurricanes or rising interest rates, Joe and Jane American kept shopping as if it were part of their genetic makeup.

Of course, we now understand what was behind the great American spending spree: an obscene amount of debt. It wasn't rising incomes or job growth that kept the malls packed, but credit cards, home-equity loans and various no-interest, money-down schemes made possible by asset-backed securities markets that were hungry for any paper you could feed them.

These sources of credit have either dried up or been seriously curtailed, which is why we have retailers such as Circuit City going into Chapter 11 and Best Buy slashing its forecast yesterday, citing “seismic changes in consumer behaviour [that] have created the most difficult climate we've ever seen.”

Best Buy's grim outlook – it warned that same-store sales could tumble by as much as 15 per cent between now and February – helped cut the knees out from under the stock market again yesterday, sending the Dow Jones industrial average down 411.3 points or 4.7 per cent to 8,282.66.

Another investing “truth” that turned out to be a myth was that the price of oil – being a finite resource in a world of ever-growing demand – could only go up. A related myth was that China's huge appetite for commodities would keep resource-based economies such as Canada's humming right along, thank you very much.

Both of these assumptions have now been exposed as false. With the global economy sinking fast, the price of oil yesterday slid another $3.17 (U.S.) or 5.3 per cent to $56.16 a barrel – the lowest close in 21 months and a far cry from the $147 it fetched last summer. As oil plunges, so does Canada's main stock index, which dropped 501.43 points or 5.3 per cent to 8,922.57 yesterday.

China, meanwhile, is looking more and more like a bubble in the process of popping. Property prices are plunging, factories are closing and the government – in a desperate move to prevent a severe economic slump that would spark widespread social unrest – is pouring more than a half-trillion dollars into infrastructure projects. Focusing on its domestic economy makes sense, given that Americans are no longer in a position to buy the goods rolling off Chinese assembly lines.

It's easy, in hindsight, to identify all the faulty assumptions that have now landed investors in a world of hurt. The hard part will be spotting such falsehoods the next time around, before they become so obvious to everyone.