The Watershed Moment According to Dictionary.com, a watershed moment is the transition period between two phases.
Seems to me we are approaching that moment in Canamex when the next (presumably three) drill assays are reportred, maybe this week. Great results will propell us from the ranks of just another speculative junior to the ranks of the next big play in Nevada, while disappointing results may cast us on the rubbish heap of history.
With all the insightfull posts being offerred on this Board, I am rather inclined to belive the probabilities are greatly stacked in favour of the former. And yet the marketplace has yet to accord us any meaningfull level of respect. There is a tendency in junior exploration stocks to focus on price rather than market cap. Can you believe that we are still sitting on a market cap of just $20 M when multi-million ounces appear to be within our grasp?
Take any mutiplier of ounces in the ground you want (within reason), if we hit, this stock is going to da moon, Alice.