RE: RE: Canaco: the new Ventana?Any resource CAN has is speculative until an independent engineering firm does a 43-101 resource calc on it.
Ventana is sitting on at least 3.5 million oz gold, 80 million pounds copper and around 40 million ounces of silver...all 43-101 compliant.
They have also completed a feasibilty and know exactly what their cash costs are.
Canaco is in it's infancy compared to Ventana but by the ime both properties are drilled to completetion...who knows which may have more gold equivalent and a lower development cost.