december quarterly, page-2

A very good and encouraging report indeed.

It certainly looks like CNL have an excellent asset, granted there is more work and capital raising to be done before the project comes to fruition, it all looks good.

I am stumped and at a loss to understand as to why then the stock price does not rally. Since coming back on in June 2012, the stocks volume has dried up and has essentially been in "lock down" between 15-17c with the occasional spike outside.

When it really had nothing but hot air it ran up to almost 70c. They have since focused their efforts on a good project and the stock cant break above 15c. Go figure.

They also have issued options CNLOA with a strike of 35c, they only a have a few months to run. What was the point of that exercise.?

And these guys will need to raise more money, but at what price?

Maybe the best thing to do is dump it and find a stock that at least has some life and is doing the right thing by shareholders.