OTCQX:CNSNF - Post by User
Comment by
krishakon Apr 16, 2014 4:23pm
108 Views
Post# 22460263
RE:Dontcha Just Love It?
RE:Dontcha Just Love It?No, it's worse than that, the market puts a -ve value on it. A 20,000 block was traded at 3.58 @ $0.95, so the stock closed down for the day!
Not to worry. Today's news was indeed very big. All the additional 100,000 acres is 100% controlled by CEM, and in the future it can be optioned to others in whatever way Constantine sees fit. Seems that today's news has been a prime objective ever since the development of Palmer was first envisioned, some 20 years ago, when Palmer was in Rubicon's stable. Sometimes it takes a while for the market to appreciate the significance of news, but as 7Twiggy commented this news should get good coverage in the resource-related press.