can acknowledged soc owns the MLThe can news release dated October 29th is the first acknowledgement that they do not own the 7.2 hectare ML and land package within the can owned 200 square km package.
Prior to this release, can only commented on the disputed land - this is no longer a disputed land positon. It is owned by someone else who has granted a option to soc for 3 years.
The new question is what is the true value of this 7.2 hectare land position?
There will be many who may throw a dart at this one - we have already seen terms like material and immaterial. Values from 2 million to 100 million plus.
The value will be determined by the exact location of the property, what work has been conducted, gold content in the assays, exploration potential etc........
soc will be posting on its website or via a news announcement the exact location of the 7.2 hectares with respect to the discovery zone - this information is crutial to creating the real valuation of the property.