RE: RE: RE: RE: PermitsI agree Markoni and Jomby. Sask Gov't can be blamed for the slow permit turn around. Imagine how the sp of the coal plays would have climbed if we would have gotten the permits in the original timeline! Since then the whole market has had a mayor correction and it spared no one company ...... at least none in my baskets! Look at GXS for gosh sakes, maybe $19 per share may have been a little eccentric, but these guys have the goods and are in the midst of determining the parameters of their resource. I bought them the other day at just over a buck!
My only concern with CDB (along with others I hold) is whether or not we have the staying power to ride out these rough waters. Many juniors are keeping their heads down and going into self preservation mode. Those with cash and access to cash will survive, and I'm sure there are many that will not depending how long the mass exodus from the venture continues. I hold CDB for the record and this isn't a bash, just a dose of reality over this mornings first coffee.
NAG recieved more permits this week and are only half of what they have applied and have confirmation for. Must be a make work project for the permits office in Sask. More are coming and it just takes time and we are on the list. We soon will be getting into Christmas vacations and holidays so this will drag things out even longer. Merry friggin Christmas.
Bashers shouldn't be bashing at 3 cents, what's the point? It's at 3 cents, how much cheaper can we be? For those who are not bashers but instead are disgruntled shareholders here's a newsflash..... we're all disgruntled who bought in months ago, so suck it up buttercup. You've got three options... average down, hold and wait, or sell. Your call.
Great weekend to you all,
Clemmie