Dear Today's, U and I did the AHR thing and were disappointed by the outcome. However I think the Chinese that purchased the company may be more disappointed. This recent announcement is very positive and although others point out slight deficiencies the fact is the rich ore is on a truck. It is very clear one shipment does not make a mine, however it makes this mine a supplier. Other shipments will follow and all will be well. The cash will flow in overtime and there will be cash reserves at bank, but not tomorrow. As a result CNQ will have less need to tap the current share holders. I note as you say the shareholder base has grown by 20%, this is also significant. For me this is a very positive story, our directors have done as they promised, made an abandoned mine a producer. It is simple to smash up good news however a three cheers may be in order here. I do not intend to mull over 'every possible negative possibility this Friday' Enjoying the ride.
CNQ Price at posting:
11.0¢ Sentiment: LT Sell Disclosure: Held
