OTCQX:CNSNF - Post by User
Comment by
krishakon Nov 03, 2015 4:35pm
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Post# 24255149
RE:RE:WASS UP.......?
RE:RE:WASS UP.......?Bob: I believe the delay in news is related to the comment below by Brent Gook (thanks to MiningBookGuy for the link). I was unaware that Brent Cook was a shareholder, but the fact that he was is a great endorsement for CEM. So "complicated and tough to drill" is the reason Brent bailed out. When I spoke to Garfield earlier in the summer it sounded like they were encountering precisely the problems Cook was concerned about, I think they had drilled into the fault. However when I talked to him last week the problem seemed to have been resolved (that's my interpretation, he said a news release was "imminent".) I believe that the last time I reported here that a NR was "imminent" it was a week or two away, but I am expecting news this week, and today's trading is in keeping with the expecation that positive news is very close.
From CEO:CA:
"
Brent cook sold out of $CEM in January and replaced it with $NSU. He didn't write Palmer off, just said it was complicated and tough to drill."