RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:C-TV Update on latest developments and next stepsTwo year old opinion still applies.
I think where he is coming from is the following:
1. High promotional expenditures for this company around 1 million dollars. Stocks are bought not sold and this is rather aggressive and seems like focussed on retail investors.
2. Transportation costs related to hauling all the way to Kidd's Creek keeps going up and up with the prices of both gas and diesal. This I think is a risk when you have low overhead and nobody has a crystal ball as to how bad its going to get. So razor thin profits on a big low grade deposit presents risk over 10, 20, 30 or 40 years because no one can predict what the future holds. Whereas larger margins acts as a buffer for volatile energy prices.
3. He also wasn't impressed that someone engaged him a conversation immediately after signing up to Twitter and proclaiming that management was "great". He asked the individual if they worked for the company and don't recall getting an answer but only additional boosterism before being asked to go away.
Happened less than two years ago. And I don't think the above has changed.
I can ask him but I'm afraid its going to get ugly. Best others on here can review and make their own decisions and then ask after they sell as he may be bearish.
By the way on his website he has yet to endorse CNC meaning he hasn't changed his mind.
NoobTube wrote: What your doing is providing an outdated almost two year old opinion when data, circumstances and valuations have changed. Then using an interview that was done before the company existed about junior minor scams to push your narrative that this is a scam too. There's nothing in the drilling or PEA, that screams scam or this fellow would have picked it apart. It seems all this guy has is "it's low grade"
As far as Dumont goes, it has much more overburden to deal with vs crawford, 42Mt to be exact and who wants to deal with that when a similar discovery is found with no overburden and better infrastructure.
I applaud your efforts to save us lowly retail novice investors a costly lesson. You must be tired with the tens of thousands of scam companies out there or are CNC investors the only ones you're trying to save? Anyhoo happy hunting.