Yesterday's News Here we are getting depressed about news that is not really news at all. Anyone with some market experience shoud realise that everyone and his dog has seen the barren drill core sitting in the shack for months waiting while the good stuff gets assayed and into the 43-101. Why do you think Bent Brent and Sprott exited stage right some time ago?
But that is no reason to sell now. All we have done is finish the 400 holes with 2/3 in the mineralisation and 1/3 defining the limit of the Magambazi body. I believe that this success rate is quite satisfactory on a global basis. What matters is whether or not we have enough ounces to warrant development, and whether those ounces can reasonably be expected to grow.
With all the negative sentiment flying around on this Board, I wouldn't be surprised if the market threw us a curve ball (as it usually does) and proves the naysayers wrong. The strength of Canaco in the terrible market recently leads me to believe that better times lie ahead.