First of all, I have no knowledge of inside CMM happenings other than the just indicated resignation of Peter Ball following the PDAC.
From my distance, it appears that a touch of panic is starting to set in within the higher echelons of CMM. Some really bad calls are being made be it a glowing conference call followed shortly thereafter by the March 8 news release, initial opinions followed by counter opinions of Daniel Major's performance and increduality at the PDAC., the overreaction to a short term mechanical breakdown, the 30 % loss in share price ........
I remind readers of caller #2 during the conference call. He reminded Mr. Major of CMM's neighbour Integra (ICG) with Shandong (Chinese) participation and the suggestion that CMM should watch its back, that Shandong "smiled" when asked about CMM, then there's Agnico Eagle, Ms. Margaret Kent and others.
Is there "Panic" disguised by "poor management"?
