Rarely have I agreed with JamesExpat2, but I always appreciate is integrity. As Shakespeare says, be true until thine self. Or something like it.
I have to agree with him about not calling the CEO.
By law, in such a call, the CEO can only discuss what has already been released to all the public. So really the call would be futile. If anything not in the public domain is discussed, that is a violation, so best to avoid the risk of the ire of the other shareholders.
Just the fact that a shareholder or pending shareholder actually feels the need to make a call though is an interesting dilemma. It means that there is a dearth of information out there. So this brings us back to the actual situation with CNQ. The closely held nature of the shares, by for instance LP, means that they are in the know and seem not to care if anyone else is informed, nor that they may be in violation by having information not available to everyone.
I've said it before, there is nothing better for corporate morale, than good complete, accurate, timely and appropriate communications. I guess that is why it is the law.
Even a simple communique for instance to say that there is no news or progress, but that we are working on it, is information.
CNQ Price at posting:
0.9¢ Sentiment: Sell Disclosure: Not Held
