RE: RE: reason Well Ike , it tells me that ROG could really have a decent find but the markets are defiantly much tougher then the period last year when Canaco ran to $6.00++ When you report gold at depth to 500m+ with continuity on average over 8 gpt and the market sells you off in the last five minutes after churning through 5million+ shares in the black...WoW!! So what is Canaco going to need to report , to get this bus back on course? No wonder they are stalling. They can't do it forever by law and they have some key dates to hit but I'm wondering why TD still thinks they can hit $3.00 by March end?
ROG is priced about right at $2.00 and they have had a sustained lift for 8 weeks and if they frill up to 700m with same results S.B. $3.00+ in a few months. They are at the very best caught up to Canaco in inferred, although that is a stretch so it makes you ask why is Canaco not at least keeping pace with it's African peer?
JMO