Canamex Gold Corp C.CSQ

canamex

[arh0070]

When I was researching the company there was a significant loan outstanding and they have no money to play it .I would think that it will be foreclosed and hopefully the Bruner which is a potentially valuable asset can be sold to someone that can bring it to production .Cant imagine that anyone would be so foolish as to buy a gold crypto backed by forward production from the bruner and to expect to raise 30-40 million to develope it this way is completely insane.

[Madheight]

Wonder what that loan was used for.  Being that there hasn't too much else happening, I think there is probably impropiety on the part of how it was used.  The financials cannot be released because Vincent could be exposed to liability perhaps even of a personal nature meaning there is a breach of fiduciary duty to such an extent that there may be fraud.  If such were true, no