Financial Post CanacoHold on to your shares.....I believe the end of this story is a distance away.....
Retail investors would be wiped out soon and big institutions will hold.
Despite what we think I don't believe there's much float of shares.
Do some DD and see who hold what.... in terms of share structure.
Should any take over be in the works by lets say ABX ...institutions have to make a fortune
Yes ABX made a great deal with Arequipa in those days they could also be right for a second time IMHO.
PPL thought ABX was crazy back then. Even GS....raised the outlook on gold ..OMG! Really...Yes.. they did. :)
Even the Northern Minner is following this stock......
https://business.financialpost.com/2010/07/13/canaco-resources-shares-soar/
Shares in Canaco Resources Ltd. are up more than 20% so far Tuesday after the Vancouver-based gold explorer said its flagship Handeni project in eastern Tanzania may have more to it than originally thought
GLTA.........FM