OTCPK:ICNOF - Post by User
Comment by
don118on Jun 13, 2011 5:22am
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Post# 18705754
RE: RE: Great results!
RE: RE: Great results!FYI. I bought into CAN at .49. This was after the first drill results pushed it passed .70. I had a low ball in but I believe there was a correction which enabled me to get in cheap. The first results were great but side from that. there were several communities in Tanzania that were supporting themselves by diggin holes and finding gold. The picture I saw convinced me that there was a good supply there because the land was "honeycombed" with these narrow holes that were just big enough for a small person and a pail. The holes went down to 100 ft max if that. You will have to pardon me, I am going from memory now..lol I had seen this before on one of the Discovery channels and I believe it was called "King Solomon's Gold". They traced back and found that he was getting it from these locals. Canaco grabbed all of the area and drilled a hole which turned out to be very good. The v'tems etc said there was 12 Kilometers of this and it appears they were right.......................Back to the sp. It went up two or three times and many sold after the second set of numbers caused a nice spike. The sp went from 2 to 4 bucks quite easily and then down the road it was pushed up to around six bucks. I htne heard there was some problems in the office and the sp suffered quite a bit. I haven't looked at the play for some time now. I made som money but I sold too soon. I believe I sold around 2 bucks thinking I had done well...:)
Is this the same as CAN? Sure would be nice.
Don