RE:RE:sentient NAN has more than tripled since February from around 17.5 cents to 58 cents based on the potential related to their exploration program in Greenland.
This is an example of how Sentient has become the successful Company they have become.
Remember too North American Nickel is still an exploratory company and everything related to it is based on speculation.
This differs from Cancana who have a proven resource which Sentient had fully researched prior to investing in Cancana.
I think it has taken the past 6 months to organize the Company in such a way to maximise the profits moving forward..
There have from all reports been legal and tax issues to deal wit.h Also improvements to the mining operation with equipment purchases and further exploration.
None of this has been reflected in the share price which has actually declined from where it was last December with the last trade at 23 cents.......but noticeably very thin trading with the current offering of 30 cents at yesterday's close.
I think if you think logically the share price has to be worth more than it was last December as so much work has gone into building the company over the past 6 months and FINALLY we should be getting full disclosure of where the Company now stands in the package that is being sent out to Shareholders. It would also seem reasonable to expect a News Release sometime in July prior to the shareholders meeting on July 31st.
I fam very optimistic about the future of Cancana and obviously Sentient showed their confidence in Cancana by recently converting their debenture into shares .
Lets see what develops over the coming weeks once Rio Madeira is transferred into Cancana and Cancana becomes "fully operational" as a Mining Company. Also the potential for a FULL listing on the Toronto exchange! this year. JIMHO .GLTA