RE: Care for a Cup of Kwadijava?Chaff or not I see yesterdays release as trying to buy time. Now we ask why? HOW big is this? What sort of "Block Buster" announcement have we in the works?
If it weren't for the fact management has been up front and honest with investors I think many would take yesterdays announcement as a negative. Maybe some did, hence the lackluster day. A quick bounce then back to close below $3.
Now we'll have to wait for the truth. If we take management at their word and believe there is at least one new find in this and some degree of extension of minable reserve the value has increased dramatically.
These old workings are to me a very good sign. To the uneducated it would seem that if the region is that prolific at or near surface there has to be a great deal more below. This current shallow air blast drilling is likely going to identify further mineralization with more accuracy and speed than any other method. Very exciting times for Canaco and its shareholders.
It is this contention that keeps me in the game. I feel there is a great deal more to come. How they package and present this will be interesting. A NR every couple of days or every couple of weeks?
We should have a good idea of the "what, where, when & how" in the next week or so. Are you on the edge of your seat?
JMHO
Regards A