Bill, down 5c on 11,000 shares today. I would not consider down on low volume as an impending breakout to the upside.
In the last 5 years we have been through:
1) we're the only pure cobalt play in NA
2) Cobalt is cool, but pales compared to Ni at Maskwa
3) Maskwa and Cobalt are cool, but look at Binco
4) Maskwa, Cobalt, and Binco are cool, but we have a refinery
5) Rework on the refinery will start in July, production in Q4.
It's kinda like the facial surgeon who does an ENT fellowship, then a plastics fellowship, then gets a DDS and then decides to go to law school...Will he ever operate?
CMR mgt gave us the July/Q4 timetable in May. Why? Are they sticking to it? Who knows?
Enough stories, enough consolidations, enough engineering consultant reports, enough financial engineerings, enough warrants and options.
What we need is clear progress to production (refinery rework) and production this calendar year.
Bill, what would you have done with the money, if the funds you had in CMR over the last 5 years had been in an S&P index fund? I know what I would have done. Time, like the tide, didn't wait for me. |
