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da market securities inc century peak metals starting operations 2q 2011 february 20 2011 unit 6 3f fort strip bldg btc fort bonifacio taguig city phone 6328876407 fax 6328875457 web broker204.tumblr.vom

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da market securities inc 1 cpm confirms smelting production to begin june 2011 on the back of this new development barring any unforeseen delay the company is poised to finally register in the black after reporting a net loss of p15.9 million and p48.7 million for the 3 months and 9 months ending sept 30 2010 the company cpm aims to be a major player in the philippine mining industry through a vertically integrated mining operation with its smelting operations and diversified mineral resource base by acquiring additional mining properties with potential for other mineral deposits aside from nickel subsidiaries cpc wholly owned subsidiary century peak corporation cpc develops operates and mines it holds mineral rights over 37 properties in the philippines totaling 55,204 hectares main interests are in chromite nickel and iron in its 5 active exploration and mining prospects and 1 preliminary mapped mining prospect located in dinagat island zamboanga zambales and sibuyan romblon other mineral prospects scheduled for preliminary exploration include gold copper iron and manganese located in palawan surigao agusan zamboanga and misamis oriental the company owns real estate properties in leyte chgsi 55 owned subsidiary century hua guang smelting inc chgsi is a joint venture company with the owners of privately-held chinese corp zhejiang hua guang reported as one of china s largest nickel pig iron producers and pioneer in using nickel pig iron smelting technology its customers include shanghai baosteel tisco and zhangjigang posco three of the largest stainless steel producers in china the company is currently undergoing earthwork activity for the smelting plant assembly and operations is expected by march 2011 the smelting plant a blast furnace facility for producing nickel pig iron is located in leyte industrial development estate lide isabel leyte under the philippine economic zone authority peza the plant is projected to have an annual capacity of 100,000 metric tons of nickel pig iron or npi equivalent to 5,000 tons of pure nickel in its first phase the plant is to be constructed in 3 phases.

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p. 3

da market securities inc 2 strategies developments 1 added value from stockpiled ore to be processed in the smelting plant the company is forward-looking given the government s plan to prohibit the sale of raw ore by 2016 2 ongoing exploration work and mining activities in dinagat islands released reports have a combined indicated and measured resource in casiguran of 9.8m dmt with a grade of 1.02 nickel at 0.8 nickel cut-off and 9m with a grade of 1.07 nickel at 0.8 nickel cut-off in rapid city parcel ii prospect furthermore there is expected confirmatory drilling of saprolite deposits in the same areas 3 issued ecc last april 16 2010 enabled it to commence with the project implementation of the smelting plant earthwork activities are currently underway the company affirms its partners willingness to provide both technological and financial assistance as well as interest in the off take of the output of the smelting plant 4 chgsi received a notices of issuance of letters patent by the philippine intellectual property office in favor of the patentee liu shenjie who chgsi has signed an moa with in its exclusive license over patents and patent applications for the smelting process to be used 5 chgsi has acquired an amended environmental compliance certificate ecc for its coke plant also to be located at the lide in isabel leyte to enhance the self-sustainability of its smelting plant coke is the foremost raw material for production of ferro-nickel alloy.

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da market securities inc 3 technicals current price 1.98 52-week range 1.92 ­ 3.80 ipo listing by introduction price 1.50 hovering at its all-time low once cpm s smelting plant becomes operational barring no delays may easily target near the p4.00 level medium-term resistances are p2.60 and p3.60 recommendation accumulate on weakness below p2.00 cpm 1yr chart as of feb 8 2011 cpm 2yr chart as of feb 8 2011

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