OTCQX:CNSNF - Post by User
Comment by
krishakon Jan 30, 2018 8:06pm
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Post# 27467121
RE:RE:The price if Zinc is soaring
RE:RE:The price if Zinc is soaring
"Clearly Dowa will do everything in its power to keep Palmer going." That is true, but I don't think financing of CEM's share of the 2018 exploration program depends upon Dowa. The 2018 drill program should be the most aggressive in the company's history - because results from 2017 showed the potential to multiply the known mineral resource at Palmer. Constantine was born precisely because of this potential, and from the outset heavyweight investors like John Tognetti were buying the stock, at much higher prices than it is now.
The investors who purchased 5,500,000 shares at $0.40/share on August 3, 2006 in the initial public offering were expecting to make a profit on their purchases. That was an act of faith/hope. Today those same invesors can see that their expectations are fully justified by the recent drilling results. After 12 years of waiting is it remotely possible that they would not enable their expectations to be fully realized?