RE: CTN summaryWell the 2 properties were worked on before by the same group who worked on EAS, the historical data has the team trenching right now and we have samples off to the lab. We have 3 more area acquisitions and last time I checked we had a bit more cash than that but juniors do burn through cash. We have several parties interested in providing funding so cash really is not an issue. We are riding on the fame and fortune of EAS and if you go through their news releases they confirm everything seems to run onto our property as well. The historical data was the same and the drilling will show that we are sitting on slightly higher reserves than EAS.
The choice is quite simple when you zoom back to when no one knew who EAS was and what they were doing.
I got a heads up from one of the posters here at CTN when EAS was breaking 50 cents. We loaded up and made out very well. This has all the ear marks of a similar play although a lot less O/S and once news of the other acquisitions is released I think we will easily run into the $2.50 range without turning a drill yet. Imagine what we will do when the drills turn and the holes come in as good or better. Considering EAS has not hit a bad hole I think the future path for CTN shareholders looks like a run to $8 or even $12 within the next 6 months. That's good return by anyone's standards. I know who is holding 11 million of the shares and am confident this will take some big leaps before profit taking kicks in. EAS has also shown the longs this has such huge possibilities why sell yourself out of a story the industry will talking about for a long time to come.
I am pleased you have chosen to stop in and check on CTN and consider adding her into your portfolio. The staff at CTN are very open and helpful and your money is safe entering at this level. The only thing I can add is I wish I had even more than I am holding but I have to eat and I like to diversify a little.
Enjoy the weekend, I hope you didn't get hit with snow like Calgary did.
Ghost