London Mining, page-12

I think the only thing pushing down CFE's SP is that the future looks bleak for Iron Ore and the silence from the office, lack of action to reduce costs further - Wage cuts to the overpaid and underperforming, just makes everyone think that the cash in the bank will be chewed up well and truely before anything positive happens.

Non payment of the Royalty by Timis and no action on that front also makes it look like the Millions loaned and invested with Timis Mining is probably a loss as well.

Time to sell and take the capital loss before June 30 I think as I also think I'll be able to pick it back up at 1 cent or less soon. As always though DYOR and make your own decisions.