Constantine Metal Resources Ltd V.CEM

RE:RE:It is what it is

[stillbob]

Looking at the ROFO vs. ROFR thing.....


Looking at it from Dowa's perspective they get a 49% interest in the new properties that appear MOST prospective without putting in any MORE money.


Pretty good deal for them.


Also, they can just sit back for a while and see if commodities make any kind of a comeback without worrying that anybody other than the insane would be jumping in to try and JV the properties without showings.


The problem for Constantine shareholders now is that Constantine has already announced that they already HAVE the 8 million tonnes they said were needed for a mine.


Once you have a mine it's tough to elicit a great response when you tell people the mine is now 20% bigger. 


It looks like after this latest job data the FED will be kinda forced to raise rates in September.


That's probably not going to help commodity prices.


BUT, the Republicans may actually shut down the government in the U.S. again in the next 2 months so that might help gold prices...


Maybe they'll hit some gold at Palmer in this latest drilling......