Post by
Ruxtons on Oct 06, 2011 9:32pm
History is the key!
While history does not always repeat itself, it often rhymes. If you check into some of this brain trusts' prior moves, you will be inclined to tag along for the ride. Frank Giustra, Gordon Keep & the Endeavour crew have turned many a shell company into multi - baggers. Does anyone remember Urasia - a uranium company was created from a shell into I think, if I am correct - a $7 dollar stock before it was taken out in 2007 by Uranium one. How about another, shell Cantral Capital was a .15 cent stock in 2009 before it changed it name to Petroamerica oil. The above team issues millions of shares @ .25 cents to friends and family then more @ .75cents to the street. Unfortuantely, Petroamerica has not been a success, however if you were in the stock b/f the reverse takeover and stock issuance you would have made about 400% on your money, at least I did (Yes, I was lucky). Cannon Point will be involved in some sort of reverse take over, or, will have a sweet deal to option a Colombian gold project (or something similar) and they will issue I don't know maybe - 30 million shares @ .50 cents to finance the project. Given the insiders have only obtained the stock at slightly lower levels you can be assured that this play is being primed to have the opportunity to return at least multi-bagger. Giustra & Keep & Co don't waste their time going for 10, 20 or even 50% returns. If they are in it, is for the big scores - 500% and up. TIme will tell - Don't get greedy, take profits and enjoy the ride - These boys know how to drive.