I'll take Stockholm Excert from Danny Deadlock's item about CAN's $95,000,000 net cash position:
"Now this doesn’t mean they don’t turn this into a long-term retirement project paying themselves high wages, sitting in fancy leased offices, and jet-setting around the planet looking for opportunities to put that money to work.
I have seen no indication this will occur, but it has definitely happened with other companies who don’t want to risk the capital or the opportunity to fund their large personal mortgages (with high salaries). In this scenario the stock typically cycles in the same range for a long period of time and becomes dead money.
Financing junior exploration is very difficult right now and valuations are very depressed. A company with large cash reserves and access to further capital could do very well in this market."
What was the weather like in Stockholm?