canaco's comments are misleadingCanaco has made several comments over the past month that have been misleading to investors.
- can nr dated Oct 18 - stated that commissioner will suspend the transfer of the ML to sonora
This is not correct - soc has not exercised its option on the ML therefore the transfer has not even been initiated. How do you suspend a transfer that has not yet started.
- can nr dated Oct 18 - stated that commissioner has called a meeting for an arbitrated resolution....
This is not correct - the commissioner called a meeting to bring all parties together to work towards a settlement. The commissioner is not acting as the arbitrator. can has had since July 30th (first notification) to work towards a settlement with soc. Why did can management not engage in discussions?
- can has stated that is was unaware of the ML within their PML
Again, this is not correct - on July 30th soc contacted can and provided detailed coordinates and requested they cease exploration activities on the 7.2 hectares
I am concerned what else is not being told to all shareholders.....