The reality is management is failing shareholders badly.
Shareholders are in real danger of losing everything - if it's true that Jim is the one stalling for a better deal, how long before Mits gets tired of the crap and withdraws its funding offer. They could go next door and fund VML, for the sake of argument, and it would be in production long before CNQ will.
As I have stated before, there is no reason for the stockpile processing to still be on hold, except Jim doesn't seem to want the company to make any money. Constant delays is all he is achieving.
I think it might be time to force him to act positively, publicly, or resign and hand over the company to a doer.
CNQ Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
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