Ann: Quarterly Activities and Appendix 4C, page-115

Indeed. My sell order in for EMG was just hit at 2.5c. That values the shell alone at about the same as Cirrus and they both have a couple of million dollars cash!

One has a running, fast growing business in a hot sector with planned growth. The other is an unknown. Don't get me wrong, shells are great - but I feel that one is at full value at 2.5c and CNW is well undervalued at these prices.

Anyhow.. CNW is looking interesting today. 2 300 000 shares at VWAP of 2.3c which is higher than usual. I'll refrain from comment on on the lower price dumping, every time I do, more comes online!