RE: I've got a scenario for you.-nobleprofits..in your last post you said "AS POG goes so does CBJ". Not sure that I agree with your post.
Gold at $400, CBJ at $4; gold at 600, CBJ at under $3?
This has a lot more to do with the general market sentiment of management and a reasonably high cost producer - plain and simple. The fact that the price has not kept pace with the POG is a sure sign that the market does not agree with your assertion.
They have high cost mines and all of the probable expansions to reserves has not materialized. Lots of opportunities to branch out and have not been taken.
As to your assertion that they will re-price the warrants - dont know if they can do that without regulatory approval. Probably easier to re-price them and re issue them. If they were to simply extend them, that would speak volumes and how they can be trusted (or not). I'm not impressed with how this is being managed - the hottest market in a long time and this is drifting to new lows.
my three cents worth.