OTCQX:CNSNF - Post by User
Comment by
stillbobon Mar 24, 2015 12:43am
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Post# 23553726
RE:RE:Still no signs of improved communication
RE:RE:Still no signs of improved communicationD&B...I definitely agree that there's NO financing in the works.
They have plenty of money to hold them through this next Palmer drill season and they have $5 million to do the drilling. They may do some surface work on the new properties and even more if Dowa/JOGMEC will allow them.
As far as I'm concerned these NEW properties fall under the same current JV agreement that they already have with Dowa/JOGMEC. It's up to Dowa if they want to fund work on those properties but I'm pretty sure Constantine has to give them first call on anything they do. If those are adjacent or contiguous properties (which I believe they are) then they are all part of the original deal.
I have problems with "communications" too, but it's not a lack of PR firms, it's giving information to a privileged FEW and not the poor sucker retail investors like us. And that may include Togenetti. CEM would be trading at .10 or less right now if Tognetti wasn't a one man show in keeping it at these current prices.
Where's that rescource estimate they keep telling us about? Are they having scribes in Bangladesh write that out?
Constantine is trading at a $16 Million cap. right now which is pretty darn good in this market. SOMEBODY must already think Palmer will be a mine, but I'm pretty objective and I know all the data that has been offered and I DON'T know that Palmer will be a mine YET.
So, there's either a great deal of information that isn't being offered to the general public or the folks paying .14 per share right now are kinda dumb.
All this is JMHO....