The last time the tungsten price was not even this high CNQ were trading at 15 cents the Mitsubishi US$15,000,000 loan was almost signed and ready to go.It seems Jim has got so caught up in the Lithium and Gold projects that he has neglected the Tungsten project that he was hired to commence mining. The board need to direct Jim's focus back to the Tungsten project, the job he has had many years to get everything in place just waiting for this massive surge in the Tungsten price, that seems to have caught him by surprise. For all we know, Jim is still waiting for the 5 Lithium permits and the Gold drilling results that is the latest information us shareholders have been told. The APT Europe hit a low of US$162 mtu in January 2016 we are now more than double that. The last 2 months have seen such massive gains in the Tungsten price it must be around APT $330 mtu the correct price will come out tonight. Yet we have been told nothing no change in strategy we have not even been told the Tungsten price has gone up or down, absolutely nothing.Shareholders have phoned and emailed the company expressing there concern and still nothing.With no news, tens of Millions of shares are being sold by shareholders at record low prices by people who are trading blind.It is as though CNQ want our share price to remain low for some reason even news on the massive rise in the tungsten price would lift our share price.The last information we were told was the Lithium and the Gold were our present focus the goal posts must have now changed Tungsten must be our number one priority,OR IS IT as management have been neglectful disrespectful and have not acted in CNQ shareholders best interests They have dropped the ball and have been found wanting.It is a duty of care that Jim and the board must inform us very badly treated share holders of the current Tungsten price surge and what is happening at our shovel ready world class Tungsten mine.Even if all things are perfect and we have a huge price sensitive announcement ready to go Timing of information and public relations from the board to shareholders needs to be addressed. The failure of the board to take advantage of the best 2 month bull run in the history of tungsten and easily lift our share price is the reason for this post, timing is every thing .The board now have an even higher tungsten price for a great announcement that shareholders may forgive them if the board have their act together for our shovel ready project. CHEERS
CNQ Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
