Voting PackageFellow Cancana shareholders,
I just got my package in the mail yesterday. I still haven't gone through it as of yet.
I'm a little less optomistic and maybe a little more skeptical about how this is all going.
As a long term holder of these shares (been here since Sola days 2006) I've seen all the ups and downs and this iteration is still the most promising. However, just like Pokin I'm not real impressed with the lack of transparency being illustrated by the company with respect to drill results and such. My beef is the fact that we as Cancana shareholders have watched while our ownership percentage has been eroded away from 40% to 32% to 20 something % and now to the level of what 20%?!
My question and the thing that I'm struggling with the most is if there is so much intrinsic value in what we have here why not throw out some drill results or maybe actually try to sell some of the product on the open market. This would at least allow us to raise some cash on the Cancana side of the partnership to maintain our percentage of the pie!
I do beleive we will be successfull, I just think we are taking it up the hoop as Cancana shareholders!
Any thoughts are welcomed and I'm just trying to be the devil's advocate so as we can all be better informed and better prepared for the vote.
All just my humble opinion.
Finnboy