this stock is a joke!!, page-13

Sorry to disagree again, Darryle. The price of CNQ stock is not going to run away from us IMO. As I had explained in the past, a sustained share price advance can only be based on revenues and profits (expectations) and should these remain the same, the share price (or more precisely the enterprise value) will remain where it is, too. And quite frankly, should CNQ continue to run the plant well below name plate capacity, revenues expectations will more likely be revised downwards. The higher grade/ higher recovery has been announced two months ago and is well priced into the stock.

If you read the 5/8 announcement again, you'll notice the following sentence: "[...] the next step in the MCU offtake process is delivery of a 20 tonne bulk shipment on concentrate that is expected to be ready for despatch by the END OF MAY 2012." So even if you were correct and CNQ announced shipment tomorrow, we still would be a month late! Quite obviously they ran into unforeseen problems (in ADDITION to the normal ramp up problems that they expected anyway) and as long as shipment isn't confirmed, the situation keeps getting more worrying by the day.

Should the Europe euphoria end (which I expect to happen very soon) we might even be in for another sub-10c treatment. Believe me, I do own quite a bit of the company and I'm not going to buy more time and time again.