I have the info...TD did 4 title opinions as part of the last financing. The rumor surrounding Canaco is regarding a 7 acre piece of land in the center of the licesne (look up total license size). The license is not in question at all... The market cap lost since the rumor started is around 150m dollars - worst case scenario they have to do a deal on the 7 acres. That cant cost much at al 25m tops... I think this was resolved favourably for Canaco although I am not positive... but I have heard it was just BS and they own it all :)
Canaco has major district potential and will keep pulling out ripper holes - I think they are holding off on NR until they can squash this rumor - makes sense to me...
It is a wold class discovery that will be worth over 1 billion dollars... sit tight this thing is going to pop soon... their next NR release will squash the rumor and I can only imagine will have some killer drill results...
Cheers...