CNJ Share Price Prediction, page-81

Hi DB.

IMHO, Greenland is currently accounting for probably less than 1 cent of the current CNJ SP (just take a look at the CNJ SP before GAL's Callisto discovery in May) i.e. Mt. Thirsty is the prime mover of the CNJ SP at the moment, and rightfully so, and probably even moreso after today's excellent news about the first preliminary drilling results from the MTJV tenement R63/4.

Indeed, right at at the moment, I reckon that the majority of investors have probably written off CNJ's chances of success in Greenland almost entirely (probably fairly understandable given the problems that they have had there so far this season).

I am actually very happy that Greenland has been written off by the majority of investors i.e. if CNJ do announce that they have hit something really big at Ryberg (Miki and/or Sortekap?) and also at Mestersvig, this will catch the majority of investors completely by surprise, and IMHO, thus send the CNJ SP significantly higher.

With regard to Greenland specifically, it has been very quiet on this front over the last few weeks. By my reckoning, if CNJ have found something highly encouraging in the drill cores that they have drilled so far to date at Miki, Sortekap, Mestersvig etc. I would expect TAJ to make a quick and short visit "on-site", in order to inspect these drill cores before they are sent away to Ireland for assaying. I therefore think that we may get a Greenland update within the next couple of weeks.

I would also add, that I believe that CNJ have already drilled one hole to about 1,000 metres depth at Cascata (and already sent these drill cores away to Ireland for assaying), in order to get a handle on the special type of geology at Cascata (Cascata is likely to be a volcanogenic massive sulphide (VMS) prospect and may have a 6 km strike length, and all within Ryberg).

Wishing you a pleasant evening after what has been a real "milestone" day for CNJ and its shareholders.