RE: Could the bashers be right? 2.00 a dream by XMAs I see it we need to look at this as if we are starting all over from the first financing. $1.45
The stock was never worth $6.00+ however it certainly is worth much more then $1.50 I suspevt the 43101 will come in at 2.5mil ounces which would justify a $2.50 price level . That being said everyone knows there is more like 10m+ ounces so speculation will give it the same lift others in its trading universe are trading at. Nick and the boys are just going to need to prove that this stock is worth $5.50 every day of the week.
Watch for this. In the next few months a noted writer/geoligyst will release his theory on stocks that can come off the high risk segment to either neutral or no-risk investment enviroment. Because the language has changed due to the threat of world wide ressesion the new catch word will be , "ROFLRI" Reasonable opportunity for low risk investment. (ruffle-ri) Stocks hitting this designation will be bought first. I believe Canaco and Silvercorp will be in that group. When the 1930's collapse toofk place who came out winners? Those that were great companies before it started and had the ability and know how to get back up on top. In fact they ended up better then they were.
So Canaco needs to prove itself all over again and they will.