I just got off the phone with Blaine. He said this discovery would require more time than Bob had to offer and it is time CPQ built its own team so Bob can concentrate on SSRI and so we can move on to a proper valuation.
To that I asked if we were leaning more one way or the other to mining this ourselves or to a takeover...And to that...
The Market will be our guide to maximize shareholder value.
We are still about 2 weeks away from the resource estimate and the two assays that are still at the lab.... are still at the lab.
Initial Metallurgical testing should still be out before the end of the year.
So back to the waiting game... And constantly checking insider trading.
The full email is below:
====================================...
Robert Quartermain Resigns From Canplats' Board
====================================...
Vancouver, B.C. -- October 31, 2008 -- Gordon Davis, CEO and Chairman
of Canplats Resources Corporation (TSX Venture: CPQ), reports that
Robert Quartermain has resigned from the Board of Directors of Canplats
effective today, Oct 31, 2008. "Bob Quartermain has been contributing
as a director of Canplats since joining the board in 2000. Bob was
supportive of the company's move to exploration in Mexico, which has
been successful with the discovery of the Camino Rojo deposit. On
behalf of shareholders, I thank Bob for his contribution during this
growth phase of Canplats", Mr Davis commented.
Mr Quartermain noted "I have enjoyed serving on the board of Canplats
and, with the discovery and advancement of Camino Rojo, have achieved
my objective of helping the company add value for its shareholders. As
the company now moves to advance Camino Rojo along the development path
under Gordon Davis' guidance, it is an opportune time for me to resign
from the Board so I can focus all of my efforts on our projects at
Silver Standard."
For further information, contact:
Corporate Information
Canplats Resources Corporation
R.E. Gordon Davis
Chairman and C.E.O.
Direct: (604) 629-8292
Canplats Resources Corporation
Bruce A. Youngman
President and C.O.O.
Direct: (604) 629-8293
Investor Inquiries
Blaine Monaghan
Director, Investor Relations
Direct: (604) 629-8294
NA Toll-Free: (866) 338-0047
info@canplats.com
http://www.canplats.com
G2 Consultants Corporation
NA Toll-Free: (866) 742-9990
Tel: (604) 742-9990
canplats@g2consultants.com
