Q: Any update on CNC? Is it still a speculative buy? Any news of interest at all?
5i Research Answer:
CNC recently confirmed widespread mineralization at its Mann Northwest property, confirming its discovery. But this was more or less assumed, anyway, from the company's earlier announcements in July. We would certainly keep it in the 'speculative' category. But it has a large deposit in a safe jurisdiction, and as the stock drifts lower it does become more interesting for small cap sector players.