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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 krishakon Jan 23, 2017 2:40pm
121 Views
Post# 25742778

RE:Relevance of Bids

RE:Relevance of BidsIt's not the $ value so much as the % of the company that someone is bidding for that is most significant, IMO. 584,000 shares = about 0.5% of the 117million issued shares. When you see someone bidding for 0.5% of a venture-traded company they likely fully understand the value of what they are trying to buy.

Coincidentally, 4 days after that bid appeared both CEM and CNSNF make new 52-week highs!
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