for all my friends here, at Stockhouse and within the corportation:
Scripture tells us that if you sew the wind, you will reap the whirlwind.
We have been told (in May?) that rebuild of CMR refinery will start in July and then production in Q4. The wind has been sewn, and not by SI or Stockhouse posters.
So what will the whirlwind bring?
If financing, rebuild and production then we go on to riches.
If no financing, no rebuild and no production, it's been nice knowing you.
My guess is that Ted pulls another rabbit out of the hat and that we see an announcement of financing and rebuild. Given their track record I don't anticipate an announcement in July. I haven't spoken to anyone at CMR in over a month, and before that, not since PDAC, but the silence either portends another success or a horrible failure. Given that stock was up today on modest volume, looks like success to me.
I have to be in Kawartha region this weekend, looked at the map, 200 miles to Cobalt on 2-lane roads, so I think I'll skip the trip.
Any of you Johnny Canucks know anybody in North Bay who could nose around? |
