Hello Peter et al,
To all those that believe/hope that SUF is holding back on the news/info about the NWT, especially Munn Lake, call the company!
Ask for HB or someone else to describe their plans. Find out exactly what they are doing. Don't speculate based on what is or is not included in a press release. This is your company, so ask them what they're doing.
It strikes me as odd that SUF would have a detailed 3 page report on Camafuca, with results, comparisons, future plans, possible developments and very much technical detail, indicating that this is a preferred direction for the company, and one day later many folks are geared up about a rather bland, vanilla release that contained no detailed future plans about Munn.
Why would SUF hide anything? Surely the KLA and IAR guys wouldn't let them. Check the trading in these stocks today if you want an opinion on their shareholders' view of this news.
Fortunately, the volume on SUF today indicates that most SUF shareholders obviously weren't holding higher expectations for Munn Lake. This seems reasonable, given what had been previously released.
Remember, with the annual meeting less than two weeks away, and the share price just off the lows, management would do anything possible to generate a higher share price. Put yourself in their shoes and figure out what you would do.
Regards,
Confluence |
