RE: Tired of losers posting...I am tired of people who do not know the situation posting
Considering you are tired of losers posting, you should stop posting
Your summary of 1-3 are so far off the mark they barely deserve a response, so I will not waste my time responding except to tell you that you have no clue what is happening.
Read the post from Maystealer about what CAN said in their own press release. The fact that TD says CAN won't have to pay more than $2 million does not make it true. TD is covering their butts because they did not do their DD any more than CAN did. SOC has the option on the mining license to develop that land. CAN does not have amining license for that land. They cannot develop it without the mining license to it is worthless.
Nobody has said where the land is, but CAN has not put out a press release about their own drilling for some time. Why do you think that is?
It is because the land SOC has the option to buy the mining license for is right in the heart of CAN's best drilling results. They will have to pay substantial amounts to SOC to get that license. They won't pay the current owner because that owner has already effectively sold it to SOC for cash and SOC shares. It is an option which is a legal contract. They cannot randomly break that contract.
The commissioner of mines for Tanzania has agreed with all of this and told SOC and CAN to make an agreement.
The IR person either is lyeing or not being informed by senior mgmt what is happening.
CAN stock will go sideways until this is resolved at which point I assume SOC will be more than twice as high as it is now.