RE:RE:RE:RE:RE:Price Target after resources updateInvestors here warned on here and the Yahoo boards that should all the rumor mongering or quotes of the CEO prove to be false and no Strategic materializes then this would turn ugly. Investors including myself made sell calls at very high levels only to as you have said received responses that "gleefully" welcomed their departure along with bashing investors at a personal level. The bashing of anyone remotely critical of the company as or the CEO by a cast of personas that post in tandem has happened from 4.01 share price down to 1.47.
I'm not rooting for CNC to go down. I'm challenging the promoters on this board who are most likely part of the 1 million dollar promotional expenditures this company made annually with their falsehoods and posts about what the CEO told them verbally is going to happen. Numerous posters have asked how with such ultra low grades would anyone expect that this would be of interest to anyone. That how this can possibly be made economical but no answers just personal attacks. Nickel would need to go up 8 to 9 times for this to be remotely economical and even then such an increase in Nickel would kill demand for Nickel as there are other battery chemistries that do not use nickel.
There are many questions as to why the CEO is so foccused on promoting to retail investors with all of these paid analyst reports and time invested doing videos and going on CNBC when he should be focussed on the few strategic partners that exist. Doesn't take that long to present to them and obviously they are not interested for a reason.
Rm90090 wrote: GnuckyT, investors that have concerns or criticisms about the company should be allowed to express them. Otherwise it would be a weak one sided conversation.
However, the comments lately have gotten away from concerns and critisicm - and have become more gleeful about poor stock price performance and being able to prove that they were right to others. This doesn't seem like the logical behaviour of a current investor. You would either be concerned/pissed that you were under water, OR you would see this as a buying opportunity because you beleive that CNC is on sale. You definitely wouldn't badmouth the project - that would be self sabotage.
The commenters seem like they are actually rooting for CNC to go down. That's why a lot of us are dubious of your comments and the facts given.