Q: I'm up on this stock and now considering a sell in a registered account. I'm hesitating because of its inclusion in the federal government major projects list. Are there any other near term catalysts that might move this stock higher? Would you sell if owned?
5i Research Answer:
We have some recent comments posted on CNC this week. As a developer (CNC has been working on the project for more than 20 years) the main sources of news (other than 'government' news as we just saw) are drilling and financing and feasibility studies. We do not really see any obvious catalysts here in the short term. But, the stock does have new attention, and recent news was positive.