Callinan Royalties Corporation CCNMF

TIme to calm down everybody

[AARMY]

I've been here a long time and can agree with many of your points. I am personally extremely frustrated BUT then again I could say that about many companies. These trying time's we are experiencing require a lot of patience. Alot more patience then I was initially willing to put up with. Mike has acted slow but had the markets not corrected back up as fast as they have, maybe Mike's patience would of been seen as prudent, safe and smart. Look at all the grief initially felt by HBM's BOD regarding Lundin. Now that deal looks smart but it cost the CEO his job. ROght or wrong, patience was excercised by Mike for cautios reasons.

CASH, and ONLY CASH was king 6 months ago. Now that's changed to what's being done with the cash. I believe, by year end,  we will get further direction from the company regarding the current cash as well as future royalties. 

The fundamentals are still in place to turn this into a $2-$2.50 company tomorrow. A few "shareholder friendly" changes must be made to do this. Large shareholders are beginning to speak and I do beleive there is a good chance management is going to start listening. At $2+ shareholders will be a little more willing to wait for all the potential "gravy" we've been waiting for.

For your own sake I hope your patient. If your not, I will happily continue nibbling away and adding to a company that trade's at 2 time's earnings with no debt and a healthy cash position.