RE: RE: Latest 12 month target pricesNo offense taken as we all have rights to voice our opinions on these boards. As long as there is no name calling, pumping, or bashing, I am fine with that. I'm not sure what has happened with CAN besides it falling into the pullback with junior stocks category across most material sectors. Juniors get hit hard during negative market times and usually recover after the senior companies do. About a year ago, l do remember many analysts all over CAN stating that it was worth at least $6.
Here are analysts comments for 2011 with the most recent from James West (Midas Letter) giving CAN a Strong Buy.
| STRONG BUY |
1.660 |
James West |
Only problem is that you can’t drill it fast enough. Drill results continue to be outstanding. Problem is general market conditions. Especially at this level they are a buy. Tanzania. |
2011-10-25 |
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| Comment |
3.900 |
Hap (Robert) Sneddon FCSI |
Just broke its 200 day moving average. Could see support come in at the $3.40 level but could even go to $2. On smaller players, you have to expect a lot more volatility. If you see some volume come in around here, you might want to take a partial position. |
2011-05-04 |
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| TOP PICK |
4.710 |
Dennis Da Silva |
Gold exploration/developer in Tanzania. $1 billion market cap and he is looking for its initial resource by year end of several million ounces. Significant potential. |
2011-04-25 |
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| Comment |
5.640 |
Brent Cook |
Have done very well buy is becoming a pretty steep valuation. Real interesting discovery in Tanzania. Has yet to go through it section by section and tie it together into a body that can be mined economically. Also have a discovery in Ethiopia that could add a lot of value but he hasn’t seen enough data to comment on it. |
2011-03-07 |
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| BUY on WEAKNESS |
5.360 |
Michael Smedley |
Announced 2 or 3 days ago that on lands they have in Ethiopia, they have a poly metallic high-grade deposit. |
2011-01-07 |
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