CEO is back from South Africa apparently he was looking at some large projects, also the GEO and mining engineer have returned from the Phillippines this week. The mining engineer is Nap Maher x MD of Anglo Gold.
Apparently they have something very big in the Phillippines. Also other mines in the area have had their viens converg into one major vein reading between the lines I think this maybe the case with CNF's mine in the Phillippines.
Top 50 are controlling 85% of the stock with less than 16m shares outsied of the top 50. Very tight and will spike high on good news. No debt cash in the bank with more coming in from the sale of non core assests. Good buying at these levels I think. I have been buying today at 11.5 and 12c
CNF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
