RE: RE: RE: Hey Heavy, do you want to get interviwBishop ... I certainly could have referenced CNY but opted not to in my response ... however ... since you suggested it .. I'll throw a few thoughts out about it.
I strongly believe both companies continue to have high potential prospects ... nothing has changed for either in that respect.
I think current management of both companies continue to do their best to move projects forward and bring shareholder value to investors.
OK ... with those two points out of the way ... you then look at the differences that make them apples to oranges.
Dianor : needs a large sum of money to ... in the $10 million range to honour it's 12 month liabilities ... and the bulk sample in its entirety requires what ... 3-4 times that amount.(I'm not using exact figures ... just roundabout so if you think I'm well off the mark and want to get more specific ... feel free)
Cancana: while having acquisitions of new opportunities as part of their mantra ... doesn't have anywhere close to the liabilities that Dianor is showing going 12 months out. This is a huge distinction between the two respective company circumstances.
Dianor: Through various agreements ... has their assets up as security on a few different levels.
Cancana: Has no such business 'noose' around it ... and even though asset values at present represent higher in Dianors case ... it doesn't change the 'lien' / 'mortgage' implications for either ... one has it ... the other doesn't.
Dianor: has specific payments due shortly or that one could call past due (cuz we have no verification that payment was made by scheduled date).
Cancana: Has payment to vendors indicated in the books ... and to this date ... have been booked as paid with the help of insider support ... this goes to all taxes and such due on properties. Obviously the liabilities to date have been manageable through insider support ... something that I don't think can be said about Joes surface right payment that was due Nov.30
Dianor: has about 268 million shares out. (Could use a restructure)
Cancana: has about 23 million out fully diluted. (The move to restructure already taken)
Dianor : After a share restructure still has the large 12 month overall liabilities on deck ... the 'current' due payments to deal with ... and the very large capital requirement for the bulk sample to fund.
Cancana: With the share restructure in place already ... low cash burn ... limited liabilities ... no assets having 'security' type issues ... high potential prospects on line ... one acquisition completed on a share (escrowed) and royalty basis ... and others that were sought and not pursued at this time in favour of organic type growth. New opportunities being part of the corporate strategy which would likely fall under the same type of arrangement of part equity and the majority a royalty attachment. Dash gold opportunity of a colluvial nature rather than hard rock based on proprietary recovery systems. All of this is not of a variety that is of overwhelming fiscal pressure on the company in the context of 'liabilities'.
Dianor: Leadbetter can bring it after some very critical measures are taken in the near term ... there just doesn't seem to be the opportunity for it to take longer than shorter ... it has to happen soon.
Cancana: Maio properties can develop high grade Manganese cash flow fairly rapidly with minimal cash injection ... Dash can develop colluvial gold production ... low cap requirement in comparison to hard rock development. Parauna diamond facility could produce alluvial gold and diamonds with minimal cash injection as mine plant ... infrastructure ... licenses ... etc already in place. New opportunities can be funded in the same formula as current effort and/or as the current efforts begin to produce cash-flow ... funds can be acquired at increasing share price levels ... quite possibly in forward purchase arrangements.
As you can see Bishop ... Dianor and Cancana are almost polar opposite in near term circumstance as far as the differences go to illustrate.
I didn't do this to downplay Dianor ... or up-play Cancana. You made a comment ... I've responded to it in the most straight forward way I could ... yet ... it would likely appear to anyone reading ... that I'm doing what I just said I wasn't doing.