CANON Ord Shs CAJ

Primary Symbol: CAJFF Alternate Symbol(s): CAJPY

Technology Computer Systems

Canon Inc. is mainly engaged in the development, production, sale of office equipment, imaging systems, medical systems, industrial equipment and the provision of related services. The Company operates in four business segments. The Office segment provides office multifunction machines, laser multifunction machines, laser printers, digital continuous slip printers, digital cut sheet planters, wide format printers, and document solutions. The Imaging System segment's products include lens-interchangeable digital cameras, compact digital cameras, digital video cameras, digital cinema cameras and others. The Industrial Equipment and Others segment provides semiconductor exposure devices, FPD exposure devices, vacuum thin film forming devices, organic EL display manufacturing devices, die bonders, micromotors, network cameras, handy terminals and others. The Medical System segment provides digital radiography, X-ray diagnostic equipment, ultrasound diagnostic equipment and others.

OTCPK:CAJFF - Post by User

CANON Ord Shs

Bullboard Posts

Post by trader2dayon Nov 04, 2009 7:43pm

476 Views

Post# 16454194

Check Mate AndyGMan

AndyGman hi
Well to answer your question does CAJ own 50% of Clone.. yes they do.. they have a legal contract to fullfill and under the agreement they are required to spend a certain amount of money on exploration and drill work to complete there option to hold 50% of Clone.. I see no reason why they would back away from this agreement now from the Bonanza gold grades they encounted in new areas not previously drilled where the snow pack melted back and they were able to access the land that was virgin area with the Ice glasier before it melted away.

If it was up to me i would be up there with alot of black plastic cover all the glasier and melt if faster with the help of the sun absorbing heat from the black surface. But it is there call. I am just the investor buying shares in the company on there prospects for the future.. oh yes from the looks of the results.. the prospects look very good.

Kinross is partners also with Canasia which makes there company one of the few juniors to partner up with a mining major.. The expertise of Kinross at finding gold and copper finds is as valuable to Canasia as the gold in the ground at Clone.

Canasia has now put there books in order also with the Kinross Debut deal with all the payments Kinross is paying the company for drilling and ownership options on the Nevada properties. That is there ace in the hat so to speak as they now have the funding and time to do all there other projects and move forward as a going concern with reduced debt load.

There Mexican properties also are the other card that might be used also by Kinross if proven samples show there is gold or other minerals of value that might also get the attention of Kinross for drilling programs IMO

I believe this company is doing everything they set out to do and have not failed the shareholders of it as of yet. Stocks rise and fall on buying and selling pressures of the market.. not buying and selling pressures of insiders.. they just do not have the amount of shares to change the price the way it rose and fell in the past 6 months.
To assume the managment did this on purpose to make money is not only false but it also could lead them to court action against such people who state such things on boards like this or others ones if it damages the company financialy. Be very carefull what you say about so called actions of the company insiders.. they can very easly find out the person behind the slanderous statements and take legal action agains those people involved in such slander against the company.

To cheer a company on is only human nature when a person buys there stock.. it is not so called pumping but rather it is excitment put in words in a light that may look to be promoting the company stock.. but we all know that anything said on a BB can not affect the price of a stock. that is rediculous as only the market decides the price.

I think i have one more thing to say to you Andgman... your in Check Mate... Your move!