shareholder action imf brief, page-91

was just looking at CMR website for any news and went into the HNC JV statement, had to copy and paste this, surely this is misleading to would be/existing investors, maybe not on its own but its just another thing......


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"HNC has no right or title to CMR's uranium resources whatsoever!

Significantly for CMR shareholders, most financial risk of developing the company's large base metals resources has been removed and shareholders will suffer no dilution as a consequence of these developments. The company will not be required to undertake any debt or hedging obligations and will have approximately $60M available in addition to the free cash-flow that will be immediately available from the oxide mining operations."


.....so what happened????????????????