Opportunity...At the beginning of September, CAN's sp was about half what it was at the peak earlier this year... This was nothing unusual since most juniors golds had suffered the same fate. The big liquidation in CAN started in late September coincident with a major leg down in the general markets... Clearly a large shareholder (probably a hedge fund in trouble) has been forced to liquidate... IMO the recent leg down has nothing to do with fundamentals for CAN... The market does stupid things, look at Sino Forest... Everybody believed that it was a fraud and it now looks that it's not... At current sp, CAN is now one of the best risk/reward junior gold play on the board. Don't be silly, take advantage of it!
orepass