Hello Wil et al:
I have been following CHI, with interest for over a year now. I have some good friends in Cranbrook (not insiders), who keep me informed of the latest scuttlebutt and "rumours", as well as, relatives who have invested. I have no monetary interest in Chapleau.
After watching the dramatic increases, I placed a call to one of these individuals for an explanation. There seems to be quite a difference in interpretation of their last News Release. I pulled several releases with regards to the Sewell Brook drilling program and comparatively, this latest showing of results would appear to be mediocre at best. It was his opinion that too many people were getting "caught up" in the high percentages without considering the depth and actual interval of the zone. Is recovery economically feasible?
Also, there has obviously been some concern with regards to the timing of releases. As you can note, the dramatic upward trends of pricing and activity began two full weeks before the February 7 release. Why?
I have no doubt that individuals can make money on Chapleau by playing the cycles; as to whether or not they have anything, I feel that yet remains to be seen.
Is there something in the news release(s) past or present, that I am missing? Best regards, and good luck,
Mike |
