RE: getting fed up!! - ConboyThe stock had a great run, a great set=up for the financing, support for the stock price to reach the desired number
by the insiders, with great drill results but no gold in the bank yet. Did it ever occur to anybody that this stock is way
overpriced when compared to other explorers. After all, besides the land, and lots of "potential", with the street allowing for 3 million ounces that are in the ground, what else is there right now?
The drills need to turn, the rainy season has to end, the end of May is the time for serious drilling to start, which is also the case with another stock I own, CNI, which I believe will be a great nickel play, but the price is nowhere near this one.
Let's face it, CAN has been hyped and played out for a time, it needs a rest, it needs new news, not old news, and land acquisition, although positive from ownership perspective, is actually a negative on the books from a cost standpoint
until they hit something there.
Now my shameless pump, lol. Sandstorm Gold, SSL.VN. the CEO was CFO of Silver Wheaton. Same model, but only with gold. It's just setting up. A few quarters, and the cash start hitting the bank account seriously. All of their investments can be read about at their website. Ah, and the liquidity is simply marvelous!
Cheers