Ann: Canaccord Genuity Global Mining Conference Presentation, page-31

Hey guys. A lot of the disgruntled attitude toward CTM is just related to the stage the company is at in their growth. This is not unique to CTM, this is well reknowned to all companies that transition from exploration to production. That step is a major step and requires many studies relating to feasibility and best way to mine. Also many other logistics need to be worked out. Mining equipment, transport infrastructure & logistics, processing of ore, markets etc.

Plain and simply this all takes TIME! Unfortunately it is during this phase that the share price tends to go through a decline stage. It's usually not that the project is any less viable, just that shareholders tend to lose patience and sell. Once mining commences and a company starts earning an income the share price kicks up again to new highs.

It's amazing how many people on HC have no understanding of what it takes to move from initial resource discovery through to mining. It's a huge step and many things have to be checked off to make sure mining is viable and off take markets secured.