Insiders sellingInsiders have been selling Can for days now. Today almost $300,000 worth of stock disposed of. This is no vote of confidence. Here is the link:
https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en
With 210 million shares fully diluted CAN is no bargain here with a $800 million market cap. Those 40 million 0.05-0.10 warrents are the reason for the sell off of late. You bet the insider cashed in these before the March 31 deadline, who wouldn't.
Just wait until the 43-101 report comes out later this year and we see only 1.5 - 2 million ounces proved. There are some dreamers on this board who think CAN has 5-10 million ounces proved already.
Great story here but way too expensive. Have a look at KGN XRC ITH if you want better value.