CNM carnegie corporation limited

They've got top class management at CNM but i reckon the recent...

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    They've got top class management at CNM but i reckon the recent effort from the media advisor takes the cake.

    How on earth did they manage to get their story in prime time tv news around the country and in major newspapers on the same day without any actual announcement to base it on? What's more, each of the states carried a different story!

    It's one thing for all the bulletins to basically run the same story, but in this case NSW ran with talks about Kurnell and Newcastle, Vic ran with Portland, and WA ran with some vague reference to Binningup and the back of Garden Island (they havent put in a tender for binningup so there's nothing there yet to talk about). Obviously not all those talks happened the day before (or even a week/month before last weekend) so our media advisor must have done some deft work to get all of them on TV/newspaper on the same day, in different states.

    And why did only CH9 carry it and not Ch7 or Ch10 or Ch 2 (apart from the fact that nothing substantial was actually being announced)? How do you pitch an exclusive to a network when you dont actually have an exclusive to give them (just a sales pitch to govt in each state in)? I reckon it's a work of genius.

    And not one story had a comment from government or any sort of other endorsement to raise it above the level of self promotion. It looks like CNM just wrote their scripts on a press release and they all slapped together some pretty pictures for TV. Well done CNM.

    Dont get me wrong, I think the CETO system is worth all of the attention- and more - but I can't help admire the way it was all put together so that on monday, everyone, from every state would all want "in" at the same time and pressure the price back up to 17 cents.

    What a way to sell the new share issue at 10 cents. If i was a cynic I'd say the whole thing was designed to bump up the price so we'd all send in our cheques quick smart to bag a big % profit. Then again, no complaints here - as long as it holds.

    I originally thought that maybe an announcement about the site was around the corner, but if you look at the REH price (the owner of the CETO technology and northern hemisphere licence) it hasnt budged. I reckon that's the best indicator that will tell us when a site is about to be announced - that's because, before the big leap in mid May (the "holy grail" announcement) REH had as much dodgy price growth fuelled obviously by insiders as CNM had. The fact it hasnt moved up at all pretty much says it all. When both move up substantially at the same time, we'll know something is on.

    Again, dont get me wrong. i'm a big fan of this stock, and I am up to my eyeballs in it and have faith that it will all come together in a big way in the not too distant future. I also think 10 cents is very cheap compared with the stock's potential so I will probably send that cheque off anyway. But it's going to take some effort to keep the price at 17 cents until the end of the month. They cant announce more talks so unless they've got an actual site to announce I'm not sure what's going to prop the price up (other than increased awareness of the technology).

    Hopefully I'm wrong and it keeps charging in the short term but i doubt it. Either way, it wont matter. When they announce their first contract, 10 cents & 17 cents are both going to look like complete bargains.




 
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