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Title : The Continental Gold $CNL.to news release yesterday afternoon
link : The Continental Gold $CNL.to news release yesterday afternoon

The Continental Gold $CNL.to news release yesterday afternoon

Just before the bell yesterday, Continental Gold (CNL.to) published a news release entitled "Continental Gold Expands Upon and Clarifies Information Related to the Tragedy at its Berlin Project, Colombia". What is most notable about the NR is that it spends a long time on issues that suit the company and fails to mention the only thing that matters. Some examples of the distracting techniques:

"Contrary to media speculation, the Municipality of Yarumal has enjoyed calm and peace for a number of years without any security outbreaks of record."

This is guff, the world knows that Yarumal was and is still a FARC hot zone. That there haven't been incidents in the last five years is good, it's also related to the cease fire while the peace talks happened. If it were not a hot zone, the army would not be so keen on patrolling the area. Not only that, what the devil does "Contrary to media speculation..." actually mean here? (nothing).

"Additionally, the Mayor commented that he has visited Ochalí nine or ten times over the past two years without any security incidents."

Good for him. Come on his own, did he? No bodyguards?

"...the Company would like to state that its number one priority is the safety and security of its employees and contractors."

If that's its #1 priority, I'd hate to think how they get on with their #5 priority. Or #10. In the lapse of just this month, CNL has seen four of its employees murdered and others seriously injured in terrorist attacks.

"According to an interview published by a Medellin newspaper, one of the villagers stated: "What happened really hurts. They [Continental Personnel] always greeted us, they were very distinguished. Even on Sunday, they did an activity with the townspeople. They were providing work, they made purchases in the small shops [of Ochalí]. With what has transpired, the community loses.""

This is pathos and nonsense. We all know that the vast majority of people are good people, that goes for outlaying communities in Colombia as well who will welcome others with open arms and enjoy benefits of interaction. THESE PEOPLE ARE NOT WHY SECURITY DETAILS ARE DEPLOYED INTO THESE AREAS. This script has nothing to do with the events of this week, this is CNL throwing sequins into your eyes.

Which brings us to the main point of this post, the one thing CNL decided not to address in its NR of yesterday. And why? Because it is obviously the most difficult to answer. What's more it is very simple to frame, too:

1) Did CNL know about the threats made to their team of geologists?

2) Did CNL do anything about it?

According to the father of the one of the geologists murdered there, the answer to the first question is a resounding YES. And the answer to the second question is also a resounding NO. Here is what Jairo Flórez, father of dead geologist Laura Flórez, said during a radio interview last week:

When asked whether his daughter had spoke of any fear for what might happen there, the emotional father replied, "Obviously! Obviously!" She'd spent two weeks very scared. She phoned me and said, "Daddy, we're all sad because there are rumours that they're going to attack us here. We don't know what to do."

The young woman also told her father that the company was monitoring the situation, but nothing happened. "The last time I spoke with her (Wednesday evening) she said, "Dad, we're all scared to death here."

She was on leave, but they phoned her and told her that she could travel to Medellín and from there to the (Berlín) camp, knowing the high risk they were running. So it seems to me that there was a lot of carelessness from the company", said Flórez.

"I have the WhatsApp messages where my girl told me, "Daddy, how is it possible that the company sends us up uniforms and while they are being transported to us, they get cut up with knives? Daddy, what happened is very strange, we're all very sad and fearful because the uniforms are full of holes" (she wrote with a sad face icon). This was on the 17th of this month. They knew the risks they were taking and the company should have got them out. But they didn't do anything. For me, that's very lax of the company."

In the title line of its NR yesterday, CNL was keen to use the verb "clarify". If they are so keen on clarification I'm sure they will quickly want to clarify that. Please.

Thus Article The Continental Gold $CNL.to news release yesterday afternoon

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