RE: RE: RE: RE: RE: Something wrong?6YPPXCaper I think you're right about the SOC issue being dead although in another sense it left a bad taste with investors.
In my judgement infill drilling will not stir a great deal of excitement as it only confirms what most know or think is there already. The last release did show a new hole with good results that could be taken as increasing the size of the find. If we can firm up the numbers for the 43-101 and also continue to expand the area of mineralization I think we'll see the share price turn around.
All this being said my main reason for staying Long here has been the expectation of a Ventana style take out scenario. I truly don't expect to see Canaco ever mine an ounce of Gold. Either way though will give us all a good return. It is just a mater of judging the time horizon.
If you want perspective just look at Teck. Trading at 1/3 its high pre crash. If anything the company is better positioned now than it was then. Market reality! We are not immune from these same pressures.
So where do you place the blame for a low share price?
When the Markets firm and the Economic problems start to subside in Europe we'll start to see more speculation in the Equity Markets. Until then we will continue to endure our share of frustration.
JMHO
A