Talor Says Buy CAN...Jay Taylor in the Gold, Energy & Tech Stocks newsletter, tells readers to buy Canaco Resources Inc., recently 67 cents. This is the first time he has recommended the stock. Mr. Taylor thinks Canaco is in the process of making a major gold discovery at its Magambazi project in Tanzania. The 1.4-kilometre gold zone at Magambazi is on surface and hosts grades of several grams per tonne. Mr. Taylor says the company has not performed enough work yet at Magambazi to talk officially about a resource, but the ounces could add up quickly. This stock could surge.