Canamex Gold Corp C.CSQ

God Speed

[kennethj]

MetalSteam, tokens, blockchain, crypto, suspect overseas characters, weird CEO, yada-yada. 

Let's hope they can sell this project for real cash.

Gold prices are significantly higher than estimates used in the 2018 PEA:

https://www.canamexgold.com/media/filer_public/0c/0f/0c0f551a-c292-40c6-8d0d-7eca2a4b7655/canamex_bruner_project_-_updated_pea_report_jan_2018.pdf

[EdwardBlake]

I have no doubt that even if they do sell it, investors won't see a dime of that $.

[griz14]

This post has been removed in accordance with Community Policy

[shneps]

The whole NR is a contradiction of itself. One minute they are saying the property is potentially up for sale (after due diligence) by only one exclusive suitor (that smells from here). Why would it not be open to more potential suitors? I'm sure there are a few but obviously management is merely setting up themselves again. If sold it will payoff debts. Shareholders screwed. If the buyout

[2008run]

Halted for two years now and management keeps paying the procrastination game with shareholders.

[Kwest2014]

I'm assuming they'll have to show their books to their potential buyer...or will they say they can't because of Covid???  Show them to regulators instead!