If the full coal tonage report is due "shortly" (which is open to interpretation), then I wonder what JH's motive was for pre releasing a "teaser" now?
Could it be because he is going to be meeting with persons of interest at the conference?
Because the drilling campaign is being organised and CTP don't want the "BiG" guys to think they are in control?
Why else??
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Grangeh,
I think JH had released this information today so he could include it in his presentation. The timing is not accidental.
He definately will meet important people at the conference - that would be one of the main reasons for attending, but whether the information was significant to any one particular meeting is not something we can know.
Karl
CTP Price at posting:
12.9¢ Sentiment: LT Buy Disclosure: Held
