AGM ResultsSome of the more pertinent details I was able to get out of the meeting:
1. Hole #4 – results not significant enough to report – no mineralization
2. Suwar is gently dipping to SW approx. 50-55 degrees
3. Suwar is open pit mineable CF-“pretty much it is however there will be some waste rock areas as per many other mines”
4. Al H is about 1/3rd complete
5. TSE listing – they now have sufficient results to get this going soon. TSE would love to have another CF Co. listed. Will be a priority for JD.
6. CF – “Yemen gossens really impressive” whatever that means.
7. Over the summer they will be going to spread the word to analysts now that they have “meat” before it was too speculative given BreX
8. JV – “basically a done deal hoped to have it for announcement for AGM” CF said there are incentives to get mining faster than normal as my contact said.
9. CF “Suwar S & N – right on strike!!!!! (?)
10. Hole 11 – CF referred to this twice as having platinum
11. Reason for info. Delay past 4 months CF – This was due to slow assay results from assay companies who later appologized but they were deliberately slow and cautious due to standards set by CF and BreX scandal.
12. 10 area “licences” now held (vs. prospecting permits) CF said some of these are pretty exciting!
Would appreciate geologist take on the numbers when available.
Cash