RE:reason, SIMPLE "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?
Complete lack of transparency, or at least the impression of such. Without regular NR's the stock price always suffers.
It's that "Simple" in my honest opinion.
Just a personal view of Canaco's present share price predicament.
A