IR response...Retirnow,
Like the song says, I am literally 99 miles away from site.
Here is what happened in Tanzania today. 1) The Tz govt signed a deal with the Peoples Republic of China where the PRC will give us a loan for a $1 Billion, yes BILLION, gas pipeline. 2) The PRC will develop a $700 million coal mine in Tz. 3) A Chinese company is buying a copper mine in our neighbor, the Congo for $ 1.3 billion.
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I have been saying this for quite some time now. CAN is going to be China's flagship gold property in Africa. China will prove on this project that it has the means and technology to take a mineral project from the discovery stage to a producing mine in record time.
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Secondly, those with trading experience here will tell you that CAN has been heavily shorted this year. Naked shorting. And it is still going on. During this period of shorting, CAN has almost doubled its proven deposits. I am sure you understand this.
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What I fail to understand is why would anyone with 70 ignores, such as you have, continue to post with/on such lousy credentials? Then again, there is the possibility that you have plenty of ID's that allow you to scare the novice investor into selling his/her shares cheap.
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All in all, every news release from CAN confirms and expands the deposits. If the reader does not understand this, s/he deserves to have his/her shares taken away.