"Not that we will be miners but potential J/V partners and T/O suitors". What a load of c**p.
You are beginning to sound very much like that all-knowing Markeyboy when you start talking of takeovers and JV at this stage of the game. Perhaps you might be thinking of taking over CNJ in the same way as Markeyboy was once going to takeover Eden. It was good that FMG did not have you two advising them to seek a t/o or j/v when the Fortescue share price was 16 cents many years ago. Current FMG price is $20.20 after a 10 for 1 share split, which translates to a pre-split share price of $202.00 a share. If CNJ find what they are looking for, they will be able to raise funds for mining Greenland by judicious small share placements at ever increasing prices. I am 40 years old and can afford to ride this one out over the next 30 years. A CNJ share price of $200 somewhere down the track would do me real fine dandy. I can sit and dream and wait. Time is on my side. Only old folk wanting to raise money immediately for their nursing home beds right now will talk of T/o or J/v in this early stage if the drilling comes out good. Start thinking big, bro. Cheers.
CNJ Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
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