I contemplated the arrangement with the drilling contractor over the weekend (being paid in stock rather than cash). While it helps the cash flow, it does pose a potential issue of a large share holder having access to potentially price sensitive information before anyone else (incl. management). I hope that this is something considered by CBE when they entered into the agreement and that they have appropriate controls in place to manage it. I don't believe the stock is escrowed (though could be wrong on this).
If it surfaces that the drilling contractors sold their stock a week or two before poor assay results are released, a lot of share holders (me included) would rightfully be very upset (to put it mildly).
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-66
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5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $18.58M |
Open | High | Low | Value | Volume |
5.0¢ | 5.2¢ | 5.0¢ | $27.56K | 540.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 123274 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 533807 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 123274 | 0.051 |
2 | 513107 | 0.050 |
1 | 20420 | 0.049 |
1 | 130000 | 0.048 |
1 | 100000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 533807 | 5 |
0.059 | 276957 | 2 |
0.060 | 100308 | 2 |
0.065 | 21269 | 1 |
0.068 | 50000 | 1 |
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