Wooo Wooo Wight Wong Wanna Win Century is a very interesting company. Century is well positioned, well connected, seemingly well financed and well diversified. Operationally speaking, if the Labrador Trough is to be a viable source of iron in terms of the new projects being forwarded, Century is superbly well positioned to succeed. I was so intrigued by Century's prospects and its connection to Altius, that I dug into some of the SEDAR filings as of around the summer of 2012. The filings were daunting in terms of the share structure and side deals. At best the filings were not easy for me to understand which is generally not a plus. Altius has a big share option position with Century and Altius would tend to be in a position to keep Century honest to some degree.
CEO Chim's recent purchases and the purchases by the right ( wight ) Wong :) are definitely something to notice, however given the cheap share price, for these guys the purchases may have been no more than no brainers as the potential for Century down the road given these share prices might best be expressed in terms one would use to describe levitation. :)
It would be interesting to have someone who is objective and sharp at reading filings read the Century filings and report back. If the share structure and side deals are not cool, the shareholders who buy at these prices are not likely to get robbed. If something is not cool and management is put on notice thru this board, it will give them the opportunity to try to make it right. There is so much profit potential and long range upside to Century that there should be enough for all the shareholders.
Canada Moose