Posters here are dellusional Apart from a few longs getting cheap shares in here.
What is WRONG with MANAGEMENT?
1. They financed us @ $5.40 a share and put $150 M in the bank before the Venture got smoked.. saving us over 150 M shares in dilution if we had to finance below $3.
2. They have released drill results as well as news in a timely manner.. have secured 9 drill rigs for a property and are still on time to release a 43-101 by month-end.
What delayed drill results? Lack of news? 6 drill result PR's in 9 months is not SLOW.. look at other juniors. I swear Canaco has the most impatient group of retail shareholders I've ever seen.. not to mention the dumbest.. either that or theyre all present on this board... there is no delay in anything and there's nothing wrong with management.. you people just can't seem to hold onto a stock for a month without whining..
Yes the junior market is manipulated.. gold is hanging onto support and stocks are getting punished... you can whine about the share price or you can do some research, feel comfortable about owning CAN for
.50 cents after their 52 cents in cash and sit back and wait for a 43-101. Bashing cause you paid over $2 is not the board's fault.. don't catch a falling knife. Management is not the problem.. the lack of conviction in CAN's retail shareholder base is as they've flushed the price from $5 - $1 due to panic selling and giving away shares...
Everyday I come to this board I'm less and less inclined to come back since it's the same stupidity everyday with delays delays... there are no delays...I've watched CAN waiting to take a position and nothing has changed.. drills are similar, time between releases is similar.. it's the board that is getting to people. You've heard delays so many times you're brainwashed and now talk about delays yourself... get a grip.. the junior mining sector is full of delays and CAN is hardly the exception - if anything they are releasing at a great pace.
Once again.. anything that thinks we have 1 million ounces or less here and is nervous to buy doesn't deserve shares since they haven't looked at a proper drill map