This is What John Ing, from Maison
Placements Canada, had to say about
Campbell Resources in December 2008:

Excerpt taken from:
http://www.gold-eagle.com/editorials_08/ing121908.html

"Financing has become as important as
permitting, and the mining industry is
now faced with survival. As such we have
dropped coverage of Campbell Resources,
Crystallex Int'l and High River Gold,
who are facing major financing or
permitting obstacles."

Imo, I think that it boils down to how
the company's management team directed
the operations. A lot of poor decisions
were perhaps made, and recomendatios not
followed through....maybe too many. The
hemorrhaging should have been stopped a
long time ago when all the alarm bells
were going off. "Financing Troubles" are
a consequence of something, it does not
give birth by itself. The Immaculate
Conception of Financing Troubles do not
exist as far as I know.

coming up with money was hardly a problem
for Campbell during the last ten years.
Every single one of their past Private
Placements were instantly filled.

John Ing didn't go into details and say
any of this out loud. But were the Campbell
internal problems the message that John
was trying to whisper to his audience.

Numerous Investments Institutions (II's)
have poured several millions of dollars
into Campbell Resources (What Campbell
needed they got) over the last ten years
and have seen their investment evaporate
before their very own eyes.

We, the common little private investor,
based our share buying decisions on the
company's Public Documents and Media
Sources that broadcast-ed messages from
the company's CEO. Try to picture what
the company must have told and shown the
II's to have gained their Investment
Dollars and TRUST! I don't imagine that
they were told that the possibility of
a ROI depended on the flip a coin! They
must have been given some level of
reassurance. What could it have been?


Cheers!

The RaJ