Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Constantine Metal Resources Ltd V.CEM


Primary Symbol: CNSNF

Constantine Metal Resources Ltd is a base and precious metal exploration company focused on its Alaska polymetallic project, Palmer. The company's flagship Palmer VMS Project, located near Haines in Southeast Alaska, is road-accessible and hosts two NI 43-101 compliant resources. The Palmer Project is a Joint Venture partnership between Constantine and Dowa Metals & Mining Co Ltd with the company as an operator.


OTCQX:CNSNF - Post by User

Comment by stillbobon Mar 24, 2015 12:43am
92 Views
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....



Bullboard Posts