Re: What a joke....Not Canaco!
in response to
by
posted on
Dec 16, 2010 07:13PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Hey Skier: I don't think Canaco falls into this category!
They are a very well run company and the sp shows it! They have been producing solid results for over 9 months and both the grades and intercepts are very strong. There is absolutely NO comparison to GNH or GBB. GBB has done a very good job of managing their information and communicating it effectively to the market. Shareholders there seem to have the confidence to wait for the results because they haven't been told continuously that things will happen when there is no chance they can or will. They haven't really delivered much but then again they promised even less!
We are suffering from a crisis of confidence! I understand that our management intends to correct this problem and I welcome the boards input on behalf of shareholders. I just hope this information is more timely and correctly conveyed then some in the past.
CAN is a monster! great property and a lean operation with a highly focused management and you see them rocket up to 4.00 correct back to the high 2's and then clear 5.00 into margin territory! These guys are proving up grade and tonnage faster than the take over artists can prepare offers to buy them out! They publish results in staccato fashion! My guess is they'll be gobbled up like a Christmas turkey before we see the first birds of spring!
I'm just jealous because I wasn't as smart as a buddy of mine who collected CAN stock and held her tight!
In communicating with the many people I've grown to respect on this board,and who have touched and seen the potential at our GNH site, I will sit tight and reserve my praise or wrath for the new year. My double edged sword will be if our GAX positions pass GNH by the end of January. Then wrath may be mixed with glee!
Best of the season to GNH shareholders, our management and the field crews.
...............carry