M4J,
Good morning,
I notice from your post you hold NO CHQ shares and you have no sentiment. OK
I also notice you have only ever made 2 CNQ posts both negative in the last week.
I totally agree with “darryle” comments.
Please note within the next few weeks CNQ as per the announcements will.
Be making its first concentrate shipment.
The quality of the samples have exceeded expectations.
I know of no company that has not had start-up problems espechelly when they have used 2nd had equipment.
This month CNQ is meeting with international off takers and funders and have already signed tailings off take agreement with Mitsubishi.
Reopening an existing mine with 90% of approvals and infrastructure in place with a sealed highway going through the tenement is a big positive.
Tailings, Production 50t Mth EBITDA $5Mil Yr Capex $4Mil Mine Life 2 Years Start up 2011.
Low Grade stockpiles. Production 100t Mth EBITDA $15Mil Yr Capex $20Mil Mine Life 5 Years Start up 2012.
Hard Rock. Production 200t Mth EBITDA $30Mil Yr Capex $5Mil Mine Life 10 Years Start up TBA.
Imagine if the hard rock was producing in 12 Mths all it needs is $$$
I respect this is an open forum but I see a very bright future event though the last 6 Mths have been frustrating. (So has Europe and Canberra)
I enjoy constructive criticism.
DYOR.
Please Enjoy the Ride
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