CMC Metals Ltd. (CMCXF)

[BMGS]

Jack Bal sure looks like a liar repeatedly. Below is a best of:

March 2014
“The Bishop Mill is expected to be functional in June 2014.”

September 2014
“The construction of the tailings pond at the Bishop Mill started in March 2014. The pond has been excavated and installation of the liner will commence within the next two weeks and will take an additional two weeks to complete…..The Company anticipates being operational at the Bishop Mill with stock piled ore prior to year end.”

October 2014
“We will need $400k to complete both Mill and Mine.”

March 2015
“It is anticipated that the Bishop Mill will be fully operational in the next sixty (60) days.”

Several pp later we are still not producing any gold…Most likely he is currently preparing another round of pump activities with paid reports and additional bogus information. Looks like he simply cannot get the job done to the benefit of the shareholders…