I agree the silence speaks volumes as I mentioned in a previous post. MJ did say that CEY news is expected in H2 which ends December 14, so it could just be that nothing has been confirmed yet. However because of the overall lack of news being drip fed I am fairly convinced that negotiations are taking place, not just with CEY but also the neighbouring Gold companies and the potential Copper JV. There is so much going on behind the scenes with ALO, I am convinced we will all be smiling in the next 6 weeks IMO.
I had a nervous twitch this morning, but I've had a word with myself, re read the latest presentation and steadied myself, I'm in for the run.
I know I was being flippant yesterday (another day another duller!) but this was because of the seeming lack of progress on any front recently.
However, I have come to learn that a long unexpected radio silence can sometimes be a sign of negotiations or financial processes going on in the background which can't be announced until resolved. I hadn't previously considered this to be a possibility but, as I'm sure we all remember, MJ original stated that he expected CEY results 'around the end of July'. Now we're 3 months on from that estimate and I'm beginning to wonder was MJ that badly ill-informed by CEY as to the likely results or is something else going on which is delaying them?
Pure speculation I know but I'm beginning to wonder as it could be something very good.
Anyhoo, new drilling season to start in the coming days!
The only positive thing I can say about this share is that it seems to have bottomed out, well sort of. An abysmal year, I would like to think that in Q1 2015 the 1p mark will get challenged as drilling news and possibly results start to come in , certainly in the later part. After that, anyones guess really.
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