RE: CAN MANAGEMENT DO SOMETHING NOW!!!I wonder if the management on the road show are enjoying the sights of Europe and all that it has to offer? Fine dining, wine etc. After all Europe is supposed to be very romantic.
Someone on the board mentioned that Europeans took a large part of the private placement. My question is how does CAN management go back and look these people in the face in light of what has happened to the share price since the PP. What are they telling them?, What is their sales pitch? Or maybe they are just ejnoying all of Europe and all that it has to offer.
How many $2.00 shares would it take to pay for a night in a hotel? a nice meal? or the entire cost of the trip.
Unless I have missed something the SP does not seem to have benefited from the trip.
With a 43-101 promised by Q1 2012 and probably containing approx 450 holes drilled to the end of Dec 2011
They will have approx 240 holes that have to be reported before March 31 2012 (assuming they go to the very end of the quarter) 240 holes in six months = 40 holes a month. Where are the results? Something smells and its not the stinky European cheese.
Oh well, I hope they post some nice photos of themselves in Europe on the CAN website. Its the least they can do for us retail shareholders
Good luck all longs
ALL IMHO