RE: RE: RE: TD Daily Report?
brial16, thank you for posting Td daily report.ill Good reading.
CAN management thinks it is a small matter that needs to be resolved and I will certainly not argue with that. So, if CAN has not moved up and reflected its true value, it was because of this minor disturbance that lasted 21/2 months. With due respect, I need management to clarify one paragraph:
" A final resolution of the issue still requires the company to purchase the Primary Mining License (PML) that
underlies the ML from its owner, a Tanzanian national. We anticipate this will follow shortly and we continue to expect the settlement sum will be immaterial to the company."
If the Tanzanian national has a binding contract with SOC, it is legally outside the mining law, or the Mine Commissioner's decision. It is up to SOC to explore this legal aspect. Is the contract between Dr. Kigoda and SOC binding?
Whatever happens to me is immaterial> I bought a small amount of CAN shares before closing at $4.74, just in case the celebration and fireworks continue on Monday. I also bought more of SOC at this liquidation price.
SOC and CAN will go their separate way and still provide an opportunity to make money: short or long.