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CMC Metals Ltd V.CMB

Alternate Symbol(s):  CMCXF

CMC Metals Ltd. is a Canada-based growth stage exploration company. The Company is focused on opportunities for polymetallic deposits in Mexico, Yukon, British Columbia and Newfoundland. The Company's silver-lead-zinc polymetallic projects include Gavilanes Silver-Gold Project, Silver Hart Property, Blue Heaven Property, Rancheria South property, Bridal Veil Property, Amy and Silverknife Properties, Terra Nova Property and Rodney Pond Property. Its Silver Hart Property is located in the south-central Yukon and consists of 116 claims covering over 2,017 hectares. The Blue Heaven property consists of 121 contiguous mineral claims located in southern Yukon. The Rancheria South property lies south of the British Columbia-Yukon border. Rancheria South comprises of 12 mineral tenures covering 2008.32 hectares. Its Silverknife property comprises two mineral tenures covering over 538.3 hectares. The Amy Property lies eight km to the west of the Silvertip Mine complex.


TSXV:CMB - Post by User

Bullboard Posts
Post by gina_cobbon Sep 05, 2009 1:28am
347 Views
Post# 16281212

Trading Halt

Trading Haltafter going through SEDAR's documents (Dozens of them back to 2005) I see that CMC classified the historical resources as inferred.
In other words they (CMC) insisted  the historical "proved and probable resources" were to be treated as INFERRED since the historical data(1980's) was not NI43-101 compliant.
.
This was reported in many documents (from 2005) which were accepted by BC Securities Commission.

Whatever was said on the website might have been different. Don't know

Anyway Failure to File is a  typical Bureacratic way to increase fees and revenue and usually lasts a few days. The stock then trades at where it was before. (like v.AAG ceased trade Aug 14th and was relisted 4 days later. Failure to file again)

My question would be:- since when does the BCSC compare webpages to documents from 2005 ?. hmmm.......

(not to mention how it took 6 months to issue the order).

My feeling is that if BCSC responded to a complaint then the person that made the complaint  is attempting to cause CMC problems or drive the stock price down.(but also they must be carefully watching the company's documents to do that). Obviously not a shareholder!

hmmmm..........











Bullboard Posts